GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Canada (OTCPK:NTIOF) » Definitions » 5-Year Yield-on-Cost %

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

: 6.17 (As of Today)
View and export this data going back to . Start your Free Trial

National Bank of Canada's yield on cost for the quarter that ended in Jan. 2024 was 6.17.


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

NTIOF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.33   Med: 6.31   Max: 10.19
Current: 6.17


During the past 13 years, National Bank of Canada's highest Yield on Cost was 10.19. The lowest was 4.33. And the median was 6.31.


NTIOF's 5-Year Yield-on-Cost % is ranked better than
63.39% of 1199 companies
in the Banks industry
Industry Median: 4.93 vs NTIOF: 6.17

Competitive Comparison

For the Banks - Diversified subindustry, National 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.


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

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

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



National 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 National Bank of Canada is calculated as

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

National Bank of Canada  (OTCPK:NTIOF) 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.


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

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


National Bank of Canada (National Bank of Canada) Business Description

Address
600 Rue De La Gauchetiere West, 4th Floor, Montreal, QC, CAN, H3B 4L2
National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.

National Bank of Canada (National Bank of Canada) Headlines

From GuruFocus

National Bank of Canada's Dividend Analysis

By GuruFocus Research 12-20-2023

Canadian Banks: Safe Place to Park Cash

By Praveen Chawla 12-11-2021