GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bankshares Inc (FRA:9F2) » Definitions » 5-Year Yield-on-Cost %

National Bankshares (FRA:9F2) 5-Year Yield-on-Cost % : 6.59 (As of Apr. 29, 2024)


View and export this data going back to 2020. Start your Free Trial

What is National Bankshares 5-Year Yield-on-Cost %?

National Bankshares's yield on cost for the quarter that ended in Dec. 2023 was 6.59.


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

FRA:9F2' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.92   Med: 4.33   Max: 8.07
Current: 6.59


During the past 13 years, National Bankshares's highest Yield on Cost was 8.07. The lowest was 2.92. And the median was 4.33.


FRA:9F2's 5-Year Yield-on-Cost % is ranked better than
69.98% of 1206 companies
in the Banks industry
Industry Median: 5 vs FRA:9F2: 6.59

Competitive Comparison of National Bankshares's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, National Bankshares'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.


National Bankshares's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



National Bankshares 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 National Bankshares is calculated as

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

National Bankshares  (FRA:9F2) 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.


National Bankshares 5-Year Yield-on-Cost % Related Terms

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


National Bankshares (FRA:9F2) Business Description

Traded in Other Exchanges
Address
101 Hubbard Street, Blacksburg, VA, USA, 24062-9002
National Bankshares Inc is a bank holding company of National Bank of Blacksburg, offering a range of financial products and services, including deposit accounts, commercial, consumer, and mortgage loans, credit cards, and trust services. The bank focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural, commercial real estate, construction for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary, National Bankshares Financial Services, Inc. The company earns its revenues from interest and fees on loans, non-interest income, and investments.

National Bankshares (FRA:9F2) Headlines

No Headlines