Olympia Financial Group (TSX:OLY) 5-Year Yield-on-Cost % : 9.15 (As of May. 09, 2024)

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What is Olympia Financial Group 5-Year Yield-on-Cost %?

Olympia Financial Group's yield on cost for the quarter that ended in Sep. 2023 was 9.15.

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

TSX:OLY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.92 Med: 9.89 Max: 20.76
Current: 9.15

During the past 13 years, Olympia Financial Group's highest Yield on Cost was 20.76. The lowest was 5.92. And the median was 9.89.

TSX:OLY's 5-Year Yield-on-Cost % is ranked better than
73.37% of 1213 companies
in the Asset Management industry
Industry Median: 5.92 vs TSX:OLY: 9.15

Competitive Comparison of Olympia Financial Group's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Olympia Financial Group'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.

Olympia Financial Group's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Olympia Financial Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Olympia Financial Group's 5-Year Yield-on-Cost % falls into.

Olympia Financial Group 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 Olympia Financial Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Olympia Financial Group (TSX:OLY) 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.

Olympia Financial Group 5-Year Yield-on-Cost % Related Terms

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Olympia Financial Group (TSX:OLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Olympia Financial Group Inc (TSX:OLY) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4000, 520 - 3rd Avenue SW, Calgary, AB, CAN, T2P 0R3

Website

https://www.olympiafinancial.com

Olympia Financial Group Inc is engaged in providing financial services. The company's operating segments are Private Health Services Plan division which markets, sells and administers health and dental benefits to business owners; Investment Account Services division specializes in registered account administration; The Currency and Global Payments division provides corporations and private clients a personalized service for buying and selling foreign currencies; The Exempt Edge division is focused on Onboarding fees; The Corporate and Shareholder Services division, which acts as a cost centre and the Corporate Division.

Executives

Rick Skauge

10% Security Holder, Director, Senior Officer

Olympia Financial Group (TSX:OLY) Headlines

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