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Romsdal Sparebank (OSL:ROMSB) 5-Year Yield-on-Cost % : 7.10 (As of May. 12, 2024)


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What is Romsdal Sparebank 5-Year Yield-on-Cost %?

Romsdal Sparebank's yield on cost for the quarter that ended in Dec. 2023 was 7.10.


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

OSL:ROMSB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.33   Med: 7.01   Max: 8.81
Current: 7.1


During the past 7 years, Romsdal Sparebank's highest Yield on Cost was 8.81. The lowest was 2.33. And the median was 7.01.


OSL:ROMSB's 5-Year Yield-on-Cost % is ranked better than
73.81% of 42 companies
in the Diversified Financial Services industry
Industry Median: 3.655 vs OSL:ROMSB: 7.10

Competitive Comparison of Romsdal Sparebank's 5-Year Yield-on-Cost %

For the Financial Conglomerates subindustry, Romsdal Sparebank'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.


Romsdal Sparebank's 5-Year Yield-on-Cost % Distribution in the Diversified Financial Services Industry

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

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



Romsdal Sparebank 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 Romsdal Sparebank is calculated as

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

Romsdal Sparebank  (OSL:ROMSB) 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.


Romsdal Sparebank 5-Year Yield-on-Cost % Related Terms

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Romsdal Sparebank (OSL:ROMSB) Business Description

Traded in Other Exchanges
N/A
Address
Torget 14, Elnesvagen, NOR, 6440
Romsdal Sparebank offers comprehensive banking and insurance solutions for both retail and corporate customers. The company's services include mobile banking, online banking, bank cards, overseas payments, car loans, mortgage, loans for other vehicles, small loans and refinancing, fund savings, retirement savings, among others.

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