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Lumbee Guaranty Bank (Lumbee Guaranty Bank) 5-Year Yield-on-Cost % : 3.40 (As of May. 20, 2024)


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What is Lumbee Guaranty Bank 5-Year Yield-on-Cost %?

Lumbee Guaranty Bank's yield on cost for the quarter that ended in Mar. 2024 was 3.40.


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

LUMB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1   Med: 2.29   Max: 3.44
Current: 3.4


During the past 7 years, Lumbee Guaranty Bank's highest Yield on Cost was 3.44. The lowest was 1.00. And the median was 2.29.


LUMB's 5-Year Yield-on-Cost % is ranked worse than
71.31% of 1192 companies
in the Banks industry
Industry Median: 4.945 vs LUMB: 3.40

Competitive Comparison of Lumbee Guaranty Bank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Lumbee Guaranty 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.


Lumbee Guaranty Bank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Lumbee Guaranty 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 Lumbee Guaranty Bank is calculated as

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

Lumbee Guaranty Bank  (OTCPK:LUMB) 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.


Lumbee Guaranty Bank 5-Year Yield-on-Cost % Related Terms

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Lumbee Guaranty Bank (Lumbee Guaranty Bank) Business Description

Traded in Other Exchanges
N/A
Address
403 East Third Street, PO Box 908, Pembroke, NC, USA, 28372
Lumbee Guaranty Bank is a state-chartered bank. The bank extends both commercial and consumer loans throughout its market area and offers a wide range of saving, spending, and borrowing products and services. The bank operates through approximately fourteen full-service offices in Robeson, Cumberland, and Hoke Counties.

Lumbee Guaranty Bank (Lumbee Guaranty Bank) Headlines

From GuruFocus

OTC Markets Group Welcomes Lumbee Guaranty Bank to OTCQX

By PRNewswire PRNewswire 12-04-2019