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Laurentian Bank of Canada (Laurentian Bank of Canada) 5-Year Yield-on-Cost %

: 4.86 (As of Today)
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Laurentian Bank of Canada's yield on cost for the quarter that ended in Jan. 2024 was 4.86.


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

LRCDF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.33   Med: 3.01   Max: 6.37
Current: 4.86


During the past 13 years, Laurentian Bank of Canada's highest Yield on Cost was 6.37. The lowest was 2.33. And the median was 3.01.


LRCDF's 5-Year Yield-on-Cost % is ranked worse than
52% of 1200 companies
in the Banks industry
Industry Median: 5.005 vs LRCDF: 4.86

Competitive Comparison

For the Banks - Regional subindustry, Laurentian Bank of Canada'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.


Laurentian Bank of Canada 5-Year Yield-on-Cost % Distribution

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

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



Laurentian Bank of Canada 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 Laurentian Bank of Canada is calculated as

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

Laurentian Bank of Canada  (OTCPK:LRCDF) 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.


Laurentian Bank of Canada 5-Year Yield-on-Cost % Related Terms

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Laurentian Bank of Canada (Laurentian Bank of Canada) Business Description

Traded in Other Exchanges
Address
1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.