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Fulton Financial (Fulton Financial) 5-Year Yield-on-Cost % : 9.05 (As of May. 12, 2024)


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What is Fulton Financial 5-Year Yield-on-Cost %?

Fulton Financial's yield on cost for the quarter that ended in Mar. 2024 was 9.05.


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

FULTP.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.6   Med: 3.81   Max: 8.01
Current: 9.05


During the past 13 years, Fulton Financial's highest Yield on Cost was 8.01. The lowest was 2.60. And the median was 3.81.


FULTP.PFD's 5-Year Yield-on-Cost % is ranked worse than
50.13% of 1191 companies
in the Banks industry
Industry Median: 4.94 vs FULTP.PFD: 9.05

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

For the Banks - Regional subindustry, Fulton Financial'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.


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

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

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



Fulton Financial 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 Fulton Financial is calculated as

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

Fulton Financial  (NAS:FULTP.PFD) 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.


Fulton Financial 5-Year Yield-on-Cost % Related Terms

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Fulton Financial (Fulton Financial) Business Description

Traded in Other Exchanges
Address
One Penn Square, P.O Box 4887, Lancaster, PA, USA, 17602
Fulton Financial is a U.S.-based financial services holding company that operates in five states: Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It offers a range of consumer and commercial banking products and services, such as checking and savings deposit products and loan products. Its services cover five distinct divisions: consumer banking, commercial banking, mortgage banking, wealth management, and other. The bank derives its revenue from non-interest income, led by its Wealth Management division.