GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Commercial Credit and Finance PLC (COL:COCR.N0000) » Definitions » 5-Year Yield-on-Cost %

Commercial Credit and Finance (COL:COCR.N0000) 5-Year Yield-on-Cost % : 2.83 (As of May. 30, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Commercial Credit and Finance 5-Year Yield-on-Cost %?

Commercial Credit and Finance's yield on cost for the quarter that ended in Dec. 2023 was 2.83.


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

COL:COCR.N0000' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.72   Med: 3.33   Max: 14.88
Current: 2.83


During the past 13 years, Commercial Credit and Finance's highest Yield on Cost was 14.88. The lowest was 0.72. And the median was 3.33.


COL:COCR.N0000's 5-Year Yield-on-Cost % is ranked worse than
65.53% of 206 companies
in the Credit Services industry
Industry Median: 4.375 vs COL:COCR.N0000: 2.83

Competitive Comparison of Commercial Credit and Finance's 5-Year Yield-on-Cost %

For the Credit Services subindustry, Commercial Credit and Finance'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.


Commercial Credit and Finance's 5-Year Yield-on-Cost % Distribution in the Credit Services Industry

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

* The bar in red indicates where Commercial Credit and Finance's 5-Year Yield-on-Cost % falls into.



Commercial Credit and Finance 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 Commercial Credit and Finance is calculated as

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

Commercial Credit and Finance  (COL:COCR.N0000) 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.


Commercial Credit and Finance 5-Year Yield-on-Cost % Related Terms

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


Commercial Credit and Finance (COL:COCR.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Number 106, Yatinuwara Veediya, Kandy, LKA
Commercial Credit and Finance PLC provides financial services to its customers. The company's services include acceptance of deposits, granting lease facilities, hire purchase, personal loans, microloans, pawning and other credit facilities, real estate development, and related services. Its products consist of fixed deposits, fixed savers, leasing and hire purchases, gold loans, term loans, educational loans, short-term loans, microfinance, investment advice, and factoring. Its segments consist of Finance Lease, Hire Purchase, Microfinance and SME Loans, Gold Loan, Term Loan, Revolving Loans, and Investments. The majority of the revenue is received from the Hire Purchase segment.

Commercial Credit and Finance (COL:COCR.N0000) Headlines

No Headlines