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Banc of California (Banc of California) 5-Year Yield-on-Cost %

: 5.93 (As of Today)
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Banc of California's yield on cost for the quarter that ended in Dec. 2023 was 5.93.


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

BANCpCCL.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.82   Med: 1.98   Max: 5.93
Current: 5.93


During the past 13 years, Banc of California's highest Yield on Cost was 5.93. The lowest was 0.82. And the median was 1.98.


BANCpCCL.PFD's 5-Year Yield-on-Cost % is ranked worse than
83.83% of 1200 companies
in the Banks industry
Industry Median: 5.005 vs BANCpCCL.PFD: 5.93

Competitive Comparison

For the Banks - Regional subindustry, Banc of California'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.


Banc of California 5-Year Yield-on-Cost % Distribution

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

* The bar in red indicates where Banc of California's 5-Year Yield-on-Cost % falls into.



Banc of California 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 Banc of California is calculated as

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

Banc of California  (NYSE:BANCpCCL.PFD) 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.


Banc of California 5-Year Yield-on-Cost % Related Terms

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Banc of California (Banc of California) Business Description

Traded in Other Exchanges
Address
3 MacArthur Place, Santa Ana, CA, USA, 92707
Banc of California Inc is a financial holding company. It offers banking and financial services. The company's services include banking services, lending services, and private banking services. Its deposit and banking product and service offerings include checking, savings, money market, certificates of deposit, and retirement accounts. Lending activities are focused on providing financing to California's diverse private businesses, entrepreneurs, and communities, and loans are often secured by California commercial and residential real estate.