GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fentura Financial Inc (OTCPK:FETM) » Definitions » 5-Year Yield-on-Cost %

Fentura Financial (Fentura Financial) 5-Year Yield-on-Cost % : 2.80 (As of Apr. 25, 2024)


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

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

Fentura Financial's yield on cost for the quarter that ended in Dec. 2023 was 2.80.


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

FETM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.59   Med: 2.05   Max: 3.17
Current: 2.8


During the past 13 years, Fentura Financial's highest Yield on Cost was 3.17. The lowest was 1.59. And the median was 2.05.


FETM's 5-Year Yield-on-Cost % is ranked worse than
78.61% of 1206 companies
in the Banks industry
Industry Median: 4.965 vs FETM: 2.80

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

For the Banks - Regional subindustry, Fentura 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.


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

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

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



Fentura 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 Fentura Financial is calculated as

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

Fentura Financial  (OTCPK:FETM) 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.


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

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


Fentura Financial (Fentura Financial) Business Description

Traded in Other Exchanges
N/A
Address
175 North Leroy Street, P.O. Box 725, Fenton, MI, USA, 48430-3805
Fentura Financial Inc is a bank holding company engaged in the business of financial services through its wholly-owned subsidiaries. The corporation provides banking and trust services principally to individuals, small businesses, and governmental entities through its community banking and loan processing offices. The primary deposit products include Checking, Savings, and Term certificate accounts, and the primary lending products comprise Residential mortgage, Commercial real estate, Commercial, Home equity, and Consumer loans. The corporation's sources of revenue include trust-related income, investment services income, ATM card income, debit card income, and service charges on deposit accounts.
Executives
James Distelrath director, officer: Chief Financial Officer 101 N LEROY STREET, FENTON MI 48430
Craig L Johnson officer: Senior Lender - The State Bank 101 N LEROY STREET, FENTON MI 48430
Randy D Hicks director 101 N. LEROY STREET, FENTON MI 48430
Frederick P Dillingham director 175 N LEROY, FENTON MI 48340
Joanne Shaw director 175 N LEROY, FENTON MI 48340
Ronald Rybar director 175 N LEROY, FENTON MI 48340
James Wesseling director 175 N LEROY STREET, FENTON MI 48340
William Dery director 175 N LEROY STREET, FENTON MI 48340
Daniel Wollschlager officer: SVP, Senior Lending Officer 175 NORTH LEROY STREET, FENTON MI 48430
Douglas Rotman director 175 N LEROY, FENTON MI 48430
Sheryl Stephens director 175 N LEROY, FENTON MI 48430
Kenneth R Elston director 175 NORTH LEROY STREET, P.O. BOX 725, FENTON MI 48430
Holly J Pingatore officer: Senior VP-The State Bank 175 NORTH LEROY STREET, FENTON MI 48430
John Emmendorfer officer: President-Davison State Bank 175 NORTH LEROY STREET, FENTON MI 48430
Dennis Leyder officer: Senior VP-The State Bank 175 NORTH LEROY STREET, FENTON MI 48430

Fentura Financial (Fentura Financial) Headlines