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First Financial Bankshares (FRA:FI6) 5-Year Yield-on-Cost % : 4.11 (As of May. 12, 2024)


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What is First Financial Bankshares 5-Year Yield-on-Cost %?

First Financial Bankshares's yield on cost for the quarter that ended in Mar. 2024 was 4.11.


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

FRA:FI6' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.75   Med: 2.93   Max: 5.32
Current: 4.11


During the past 13 years, First Financial Bankshares's highest Yield on Cost was 5.32. The lowest was 1.75. And the median was 2.93.


FRA:FI6's 5-Year Yield-on-Cost % is ranked worse than
61.63% of 1191 companies
in the Banks industry
Industry Median: 4.94 vs FRA:FI6: 4.11

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

For the Banks - Regional subindustry, First Financial 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.


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

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

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



First Financial 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 First Financial Bankshares is calculated as

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

First Financial Bankshares  (FRA:FI6) 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.


First Financial Bankshares 5-Year Yield-on-Cost % Related Terms

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First Financial Bankshares (FRA:FI6) Business Description

Traded in Other Exchanges
Address
400 Pine Street, Abilene, TX, USA, 79601
First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas). The company conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto.

First Financial Bankshares (FRA:FI6) Headlines

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