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Stock Yards Bancorp (Stock Yards Bancorp) 5-Year Yield-on-Cost % : 3.12 (As of Apr. 26, 2024)


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What is Stock Yards Bancorp 5-Year Yield-on-Cost %?

Stock Yards Bancorp's yield on cost for the quarter that ended in Dec. 2023 was 3.12.


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

SYBT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.74   Med: 3   Max: 4.98
Current: 3.12


During the past 13 years, Stock Yards Bancorp's highest Yield on Cost was 4.98. The lowest was 1.74. And the median was 3.00.


SYBT's 5-Year Yield-on-Cost % is ranked worse than
75.29% of 1206 companies
in the Banks industry
Industry Median: 4.975 vs SYBT: 3.12

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

For the Banks - Regional subindustry, Stock Yards 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.


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

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

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



Stock Yards 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 Stock Yards Bancorp is calculated as

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

Stock Yards Bancorp  (NAS:SYBT) 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.


Stock Yards Bancorp 5-Year Yield-on-Cost % Related Terms

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Stock Yards Bancorp (Stock Yards Bancorp) Business Description

Traded in Other Exchanges
Address
1040 East Main Street, Louisville, KY, USA, 40206
Stock Yards Bancorp Inc operates as a bank. The bank has two reportable operating segments namely Commercial Banking and Wealth management and trust. Its services include loan and deposit services, cash management services, securities brokerage activities, mortgage origination, and others. It generates a majority of its revenue from the Commercial Banking segment.
Executives
Kathy C Thompson director, officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890
Allison Donovan director PO BOX 32890, LOUISVILLE KY 40232
James A Hillebrand officer: Executive Vice President 13308 LONGWOOD LANE, GOSHEN KY 40026
David P Heintzman director, officer: President PO BOX 32890, LOUISVILLE KY 40232-2890
Shannon Bishop Arvin director PO BOX 157, PARIS KY 40362-0157
Richard A Lechleiter director PO BOX 32890, LOUISVILLE KY 40232-2890
John Schutte director 9707 SHELBYVILLE ROAD, LOUISVILLE KY 40233
Carl G Herde director 8210 LIMEHOUSE LANE, LOUISVILLE KY 40220
Michael Croce officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890
Michael Rehm officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232
Philip Poindexter officer: Executive Vice President 320 MOCKINGBIRD HILL ROAD, LOUISVILLE KY 40207
Laura L Wells director PO BOX 32890, LOUISVILLE KY 40232
Bickel Paul J Iii director PO BOX 32890, LOUISVILLE KY 40232
Stephen M Priebe director PO BOX 32890, LOUISVILLE KY 40232-2890
William Dishman officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890