ABSA Bank Kenya (NAI:ABSA) 5-Year Yield-on-Cost % : 11.48 (As of May. 24, 2024)

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What is ABSA Bank Kenya 5-Year Yield-on-Cost %?

ABSA Bank Kenya's yield on cost for the quarter that ended in Dec. 2023 was 11.48.

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

NAI:ABSA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.5 Med: 8.73 Max: 13.99
Current: 11.48

During the past 13 years, ABSA Bank Kenya's highest Yield on Cost was 13.99. The lowest was 1.50. And the median was 8.73.

NAI:ABSA's 5-Year Yield-on-Cost % is ranked better than
90.87% of 1194 companies
in the Banks industry
Industry Median: 5.01 vs NAI:ABSA: 11.48

Competitive Comparison of ABSA Bank Kenya's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, ABSA Bank Kenya'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.

ABSA Bank Kenya's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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

ABSA Bank Kenya 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 ABSA Bank Kenya is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

ABSA Bank Kenya (NAI:ABSA) 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.

ABSA Bank Kenya 5-Year Yield-on-Cost % Related Terms

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ABSA Bank Kenya (NAI:ABSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ABSA Bank Kenya PLC (NAI:ABSA) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Waiyaki Way, P.O. Box 30120, Nairobi, KEN, 00100

Website

https://www.absabank.co.ke

ABSA Bank Kenya PLC is a diversified financial services company offering clients a range of retail, business, corporate and investment, and wealth management solutions. The company's operating segment includes Consumer banking and Corporate banking. It generates maximum revenue from the Consumer Banking segment. The Consumer Banking segment incorporates private customer current accounts, savings, deposits, credit and debit cards, consumer loans, and mortgages. Its Corporate Banking segment includes the business model that centers on delivering specialist investment banking, financing, risk management, and advisory solutions across asset classes to corporates, financial institutions, and government clients.

ABSA Bank Kenya (NAI:ABSA) Headlines

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