Unity Bancorp (FRA:UTB) 5-Year Yield-on-Cost % : 3.14 (As of May. 26, 2024)

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What is Unity Bancorp 5-Year Yield-on-Cost %?

Unity Bancorp's yield on cost for the quarter that ended in Mar. 2024 was 3.14.

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

FRA:UTB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.23 Med: 2.24 Max: 5.71
Current: 3.14

During the past 13 years, Unity Bancorp's highest Yield on Cost was 5.71. The lowest was 0.23. And the median was 2.24.

FRA:UTB's 5-Year Yield-on-Cost % is ranked worse than
75.71% of 1194 companies
in the Banks industry
Industry Median: 5.015 vs FRA:UTB: 3.14

Competitive Comparison of Unity Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Unity Bancorp'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.

Unity Bancorp's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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

Unity Bancorp 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 Unity Bancorp is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Unity Bancorp (FRA:UTB) 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.

Unity Bancorp 5-Year Yield-on-Cost % Related Terms

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Unity Bancorp (FRA:UTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Unity Bancorp Inc (FRA:UTB) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

UNTY:USA

Address

64 Old Highway 22, Clinton, NJ, USA, 08809

Website

http://www.unitybank.com

Unity Bancorp Inc is a bank holding company that serves as a holding company for Unity Bank. It conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts and regular savings accounts. The company structures its specific services and charges in a manner designed to attract the business of the small and medium sized business and professional community, as well as that of individuals residing, working and shopping in its service area. The company engages in a wide range of lending activities and offers commercial, Small Business Administration, consumer, mortgage, home equity and personal loans.

Unity Bancorp (FRA:UTB) Headlines

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