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Heartland Bancorp (Heartland Bancorp) 5-Year Yield-on-Cost % : 5.42 (As of Apr. 29, 2024)


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What is Heartland Bancorp 5-Year Yield-on-Cost %?

Heartland Bancorp's yield on cost for the quarter that ended in Jun. 2023 was 5.42.


The historical rank and industry rank for Heartland Bancorp's 5-Year Yield-on-Cost % or its related term are showing as below:

HLAN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.76   Med: 4.59   Max: 6.44
Current: 5.42


During the past 13 years, Heartland Bancorp's highest Yield on Cost was 6.44. The lowest was 2.76. And the median was 4.59.


HLAN's 5-Year Yield-on-Cost % is ranked better than
56.05% of 1206 companies
in the Banks industry
Industry Median: 5 vs HLAN: 5.42

Competitive Comparison of Heartland Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Heartland Bancorp's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heartland Bancorp's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heartland Bancorp's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Heartland Bancorp's 5-Year Yield-on-Cost % falls into.



Heartland Bancorp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Heartland Bancorp is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Heartland Bancorp  (OTCPK:HLAN) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Heartland Bancorp 5-Year Yield-on-Cost % Related Terms

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Heartland Bancorp (Heartland Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
430 North Hamilton Road, Whitehall, OH, USA, 43213
Heartland Bancorp is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiaries, Heartland Bank (the Bank) and TransCounty Title Agency, LLC. The Bank is primarily engaged in providing a full range of banking and financial services to individual and corporate customers in central Ohio and northern Kentucky. The majority of the company's revenues come from interest and dividend income on loans, investment securities, and other financial instruments.