GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Financial Corp (NAS:HFWA) » Definitions » 5-Year Yield-on-Cost %

Heritage Financial (Heritage Financial) 5-Year Yield-on-Cost % : 6.54 (As of May. 12, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Heritage Financial 5-Year Yield-on-Cost %?

Heritage Financial's yield on cost for the quarter that ended in Mar. 2024 was 6.54.


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

HFWA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.05   Med: 3.3   Max: 7.56
Current: 6.54


During the past 13 years, Heritage Financial's highest Yield on Cost was 7.56. The lowest was 2.05. And the median was 3.30.


HFWA's 5-Year Yield-on-Cost % is ranked better than
68.01% of 1191 companies
in the Banks industry
Industry Median: 4.94 vs HFWA: 6.54

Competitive Comparison of Heritage Financial's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Heritage Financial'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.


Heritage Financial's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Heritage Financial 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 Heritage Financial is calculated as

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

Heritage Financial  (NAS:HFWA) 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.


Heritage Financial 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Heritage Financial's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Heritage Financial (Heritage Financial) Business Description

Traded in Other Exchanges
N/A
Address
201 Fifth Avenue SW, Olympia, WA, USA, 98501
Heritage Financial Corp is a bank holding company. The company through its subsidiary provides commercial lending and deposit relationships with small businesses and their owners in its market areas and attracts deposits from the general public. It accepts various deposit products, such as noninterest demand accounts, money market accounts, savings accounts, and certificates of deposit. Besides, the Bank also makes real estate construction loans, land development loans, and consumer loans, and originates first mortgage loans on residential properties primarily located in its market area. Geographically, all the business activity functions through the region of the United States.
Executives
Frederick B Rivera director 201 5TH AVE SW, OLYMPIA WA 98501
Brian Charneski director P O BOX 1578, OLYMPIA WA 98507
Jeffrey S Lyon director 2542 N VISTA VIEW DRIVE, TACOMA WA 98406
Matthew T. Ray officer: EVP Chief Lending Officer 201 5TH AVE SW, OLYMPIA WA 98501
Eric Kayen Chan director 201 5TH AVE SW, OLYMPIA WA 98501
Amy E. Curran officer: EVP Director Commercial Lend 201 5TH AVE SW, OLYMPIA WA 98501
Kelli Ann Wilson officer: EVP Chief Banking Officer 201 5TH AVE SW, OLYMPIA WA 98501
Cindy M Huntley officer: SVP Director of Retail Banking 201 5TH AVE SW, OLYMPIA WA 98507
Brian L Vance director, officer: President and CEO 2204 57TH WAY NW, OLYMPIA WA 98502
John A Clees director 4342 SUNSET BEACH DRIVE NW, OLYMPIA WA 98502
Tony Chalfant officer: EVP Chief Credit Officer 201 5TH ST SW, OLYMPIA WA 98501
Gail B. Giacobbe director 201 5TH AVE SW, OLYMPIA WA 98501
Trevor D. Dryer director 201 5TH AVE SW, OLYMPIA WA 98501
Gragg E Miller director 450 SW BAYSHORE DRIVE, OAK HARBOR WA 98277
Jeffrey J Deuel officer: Executive Vice President 201 5TH AVENUE SW, OLYMPIA WA 90501