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LB Finance (COL:LFIN.N0000) 5-Year Yield-on-Cost % : 14.58 (As of May. 23, 2024)


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What is LB Finance 5-Year Yield-on-Cost %?

LB Finance's yield on cost for the quarter that ended in Dec. 2023 was 14.58.


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

COL:LFIN.N0000' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.37   Med: 12.97   Max: 30.49
Current: 14.58


During the past 13 years, LB Finance's highest Yield on Cost was 30.49. The lowest was 5.37. And the median was 12.97.


COL:LFIN.N0000's 5-Year Yield-on-Cost % is ranked better than
93.72% of 207 companies
in the Credit Services industry
Industry Median: 4.2 vs COL:LFIN.N0000: 14.58

Competitive Comparison of LB Finance's 5-Year Yield-on-Cost %

For the Credit Services subindustry, LB 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.


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

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

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



LB 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 LB Finance is calculated as

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

LB Finance  (COL:LFIN.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.


LB Finance 5-Year Yield-on-Cost % Related Terms

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


LB Finance (COL:LFIN.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Number 275/75, Professor Stanley Wijesundara Mawatha, Colombo, LKA, 07
LB Finance PLC is engaged in financial intermediation by mobilizing funds by the way of deposits. It operates in Licensed Finance Companies (LFCs)/ Specialized Leasing Companies (SLC) sector in Srilanka. The company offers financial products and services to individuals to corporates. Its lending products include leasing, vehicle loans, mortgage loans, gold loans, factoring, working capital solutions, and Islamic Finance.

LB Finance (COL:LFIN.N0000) Headlines

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