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Sparebanken More (OSL:MORG) 5-Year Yield-on-Cost % : 9.87 (As of May. 26, 2024)


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What is Sparebanken More 5-Year Yield-on-Cost %?

Sparebanken More's yield on cost for the quarter that ended in Mar. 2024 was 9.87.


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

OSL:MORG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.04   Med: 5.53   Max: 9.93
Current: 9.87


During the past 13 years, Sparebanken More's highest Yield on Cost was 9.93. The lowest was 1.04. And the median was 5.53.


OSL:MORG's 5-Year Yield-on-Cost % is ranked better than
86.43% of 1194 companies
in the Banks industry
Industry Median: 5.015 vs OSL:MORG: 9.87

Competitive Comparison of Sparebanken More's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Sparebanken More'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.


Sparebanken More's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Sparebanken More 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 Sparebanken More is calculated as

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

Sparebanken More  (OSL:MORG) 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.


Sparebanken More 5-Year Yield-on-Cost % Related Terms

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Sparebanken More (OSL:MORG) Business Description

Traded in Other Exchanges
Address
Kipervikgata 6, Ålesund, NOR, 6003
Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, saving accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services as well as insurance industries. It firm manages its business into three segments Corporate, Retail, and Real estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.

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