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Fidelity Bank (NSA:FBP) 5-Year Yield-on-Cost % : 54.88 (As of Jun. 04, 2024)


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What is Fidelity Bank 5-Year Yield-on-Cost %?

Fidelity Bank's yield on cost for the quarter that ended in Mar. 2024 was 54.88.


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

NSA:FBP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 23.65   Med: 53.04   Max: 133.42
Current: 54.88


During the past 13 years, Fidelity Bank's highest Yield on Cost was 133.42. The lowest was 23.65. And the median was 53.04.


NSA:FBP's 5-Year Yield-on-Cost % is ranked better than
99.24% of 1190 companies
in the Banks industry
Industry Median: 5.045 vs NSA:FBP: 54.88

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

For the Banks - Regional subindustry, Fidelity 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.


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

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

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



Fidelity 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 Fidelity Bank is calculated as

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

Fidelity Bank  (NSA:FBP) 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.


Fidelity Bank 5-Year Yield-on-Cost % Related Terms

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


Fidelity Bank (NSA:FBP) Business Description

Traded in Other Exchanges
N/A
Address
2 Kofo Abayomi Street, Fidelity Place, Victoria Island, Lagos, NGA
Fidelity Bank PLC is a Nigerian based bank that offers banking and other financial services to corporate and individual customers. It operates through segments including Retail banking that offers retail, personal and commercial services to individuals, small and medium business customers and E-Business products to serve retail banking. Its Corporate Banking segment offers commercial and corporate banking services to corporate business customers, it covers the Power and Infrastructure, Oil and Gas Upstream and downstream, Real Estate, Agro-Allied, and other industries. Investment banking segment is involved in the funding and management of the bank's securities, trading, and investment decisions.