Storebrand ASA (OSL:STB) 5-Year Yield-on-Cost % : 3.87 (As of Apr. 27, 2024)

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What is Storebrand ASA 5-Year Yield-on-Cost %?

Storebrand ASA's yield on cost for the quarter that ended in Mar. 2024 was 3.87.

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

OSL:STB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.2 Med: 3.95 Max: 9.11
Current: 3.87

During the past 13 years, Storebrand ASA's highest Yield on Cost was 9.11. The lowest was 2.20. And the median was 3.95.

OSL:STB's 5-Year Yield-on-Cost % is ranked better than
52.27% of 44 companies
in the Diversified Financial Services industry
Industry Median: 3.805 vs OSL:STB: 3.87

Competitive Comparison of Storebrand ASA's 5-Year Yield-on-Cost %

For the Financial Conglomerates subindustry, Storebrand ASA'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.

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

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

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

Storebrand ASA 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 Storebrand ASA is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Storebrand ASA (OSL:STB) 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.

Storebrand ASA 5-Year Yield-on-Cost % Related Terms

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Storebrand ASA (OSL:STB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Storebrand ASA (OSL:STB) » Definitions » 5-Year Yield-on-Cost %

Traded in Other Exchanges

SREDF:USA STBo:Sweden 0NO0:UK SKT:Germany

Address

Professor Kohts vei 9, P.O. Box 474, Lysaker, NOR, N-1327

Website

https://www.storebrand.no

Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into nonguaranteed savings, insurance, and guaranteed pensions. The savings segment includes products for retirement savings with no interest rate guarantees. The segment consists of defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden. It provides health, property & casualty, personal risk products, and employee-related & pension-related insurance. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return.