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University Bancorp (University Bancorp) 5-Year Yield-on-Cost %

: 0.00 (As of Today)
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University Bancorp's yield on cost for the quarter that ended in Dec. 2022 was 0.00.


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


During the past 13 years, University Bancorp's highest Yield on Cost was 3.41. The lowest was 0.00. And the median was 1.99.


UNIB's 5-Year Yield-on-Cost % is not ranked *
in the Banks industry.
Industry Median: 4.98
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison

For the Banks - Regional subindustry, University 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.


University Bancorp 5-Year Yield-on-Cost % Distribution

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

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



University 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 University Bancorp is calculated as

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

University Bancorp  (OTCPK:UNIB) 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.


University Bancorp 5-Year Yield-on-Cost % Related Terms

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University Bancorp (University Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2015 Washtenaw Avenue, Ann Arbor, MI, USA, 48104
University Bancorp Inc is a holding company of University Bank (the Bank). It is a full-service community bank, which offers all customary banking services, including the acceptance of checking, savings and time deposits. The bank also makes commercial, real estate, personal, home improvement, automotive and another installment, credit card, and consumer loans, and provides fee-based services such as foreign currency exchange. The company's customer base is primarily located in the Ann Arbor, Michigan metropolitan statistical area. Its segments include The Bank & Midwest (community banking & servicing), ULG (mortgage banking), and UIF (faith-based lending).
Executives
Nicholas K Fortson officer: CFO 959 MAIDEN LANE, ANN ARBOR MI 48105
Jove Corp other: Affiliate of majority owner 3220 COOLIDGE HWY, BERKLEY MI 48072
Joseph Lange Ranzini director, 10 percent owner 959 MAIDEN LANE, ANN ARBOR MI 48105
Stephen Lange Ranzini director, 10 percent owner, officer: President & CEO 959 MAIDEN LANE, ANN ARBOR MI 48105
Mildred Lange Ranzini 10 percent owner 43 SWEETWATER, BELLE MEAD NJ 08502