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Plains Acquisition (Plains Acquisition) 5-Year Yield-on-Cost % : 2.94 (As of May. 21, 2024)


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What is Plains Acquisition 5-Year Yield-on-Cost %?

Plains Acquisition's yield on cost for the quarter that ended in . 20 was 2.94.


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

PLQC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.55
Current: 2.94


During the past 0 years, Plains Acquisition's highest Yield on Cost was 3.55. The lowest was 0.00. And the median was 0.00.


PLQC's 5-Year Yield-on-Cost % is ranked worse than
77.12% of 1193 companies
in the Banks industry
Industry Median: 4.99 vs PLQC: 2.94

Competitive Comparison of Plains Acquisition's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Plains Acquisition'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.


Plains Acquisition's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Plains Acquisition 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 Plains Acquisition is calculated as

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

Plains Acquisition  (OTCPK:PLQC) 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.


Plains Acquisition 5-Year Yield-on-Cost % Related Terms

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Plains Acquisition (Plains Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
19404 Kenswick Drive, Humble, TX, USA, 77338
Plains Acquisition Corp is a United States-based bank holding company. It offers a full range of banking services. It provides loans to small and medium-sized businesses and individuals in its market area. The Bank operates full-service branch locations in Humble, Houston, Plains, Sugar Land, and Conroe, Texas, and limited-service branches or loan production offices in Houston and San Antonio, Texas.

Plains Acquisition (Plains Acquisition) Headlines