Canadian Western Bank (TSX:CWB) 5-Year Yield-on-Cost % : 6.29 (As of Apr. 24, 2024)

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What is Canadian Western Bank 5-Year Yield-on-Cost %?

Canadian Western Bank's yield on cost for the quarter that ended in Jan. 2024 was 6.29.

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

TSX:CWB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.24 Med: 4.27 Max: 8.02
Current: 6.29

During the past 13 years, Canadian Western Bank's highest Yield on Cost was 8.02. The lowest was 2.24. And the median was 4.27.

TSX:CWB's 5-Year Yield-on-Cost % is ranked better than
66.83% of 1203 companies
in the Banks industry
Industry Median: 4.95 vs TSX:CWB: 6.29

Competitive Comparison of Canadian Western Bank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Canadian Western Bank'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.

Canadian Western Bank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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

Canadian Western Bank 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 Canadian Western Bank is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Canadian Western Bank (TSX:CWB) 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.

Canadian Western Bank 5-Year Yield-on-Cost % Related Terms

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Canadian Western Bank (TSX:CWB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canadian Western Bank (TSX:CWB) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

CBWBF:USA C7W:Germany CWB.PR.D.PFD:Canada CWB.PR.B.PFD:Canada

Address

10303 Jasper Avenue, Suite 3000, Edmonton, AB, CAN, T5J 3X6

Website

https://www.cwb.com

Canadian Western Bank is a diversified financial service organization providing banking, trust, and wealth management services. The group operates through a number of subsidiaries providing different areas of financial services. Canadian Western Bank offers business banking services including general commercial banking, equipment financing and leasing, real estate financing, and other services for small- and medium-sized companies, as well as personal banking services including chequing and savings accounts, loans, mortgages, and investment products. Canadian Western Trust is engaged in retirement, trustee, and custodial solutions for financial advisors, corporations, and individuals. The company receives maximum revenue from interest income.