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Aasen Sparebank (OSL:AASB) 5-Year Yield-on-Cost % : 7.83 (As of May. 11, 2024)


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What is Aasen Sparebank 5-Year Yield-on-Cost %?

Aasen Sparebank's yield on cost for the quarter that ended in Dec. 2023 was 7.83.


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

OSL:AASB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.61   Med: 6.39   Max: 8.31
Current: 7.83


During the past 9 years, Aasen Sparebank's highest Yield on Cost was 8.31. The lowest was 3.61. And the median was 6.39.


OSL:AASB's 5-Year Yield-on-Cost % is ranked better than
78.34% of 1191 companies
in the Banks industry
Industry Median: 4.94 vs OSL:AASB: 7.83

Competitive Comparison of Aasen Sparebank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Aasen Sparebank'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.


Aasen Sparebank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Aasen Sparebank 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 Aasen Sparebank is calculated as

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

Aasen Sparebank  (OSL:AASB) 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.


Aasen Sparebank 5-Year Yield-on-Cost % Related Terms

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Aasen Sparebank (OSL:AASB) Business Description

Traded in Other Exchanges
N/A
Address
Stasjonsvegen 1, P.O. Box 33, Asen, NOR, 7631
Aasen Sparebank is a local savings bank. It offers a full-service concept for banking and financial services, both for private and agricultural customers, as well as for small and medium-sized businesses. The company services include Mortgage, Car loans, Loans and refinancing, Insurance, Online and Mobile Banking, Deposits and others.

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