GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Town Center Bank IL (OTCPK:TCNB) » Definitions » 5-Year Yield-on-Cost %

Town Center Bank IL (Town Center Bank IL) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 06, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Town Center Bank IL 5-Year Yield-on-Cost %?

Town Center Bank IL's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



TCNB's 5-Year Yield-on-Cost % is not ranked *
in the Banks industry.
Industry Median: 5.07
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Town Center Bank IL's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Town Center Bank IL'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.


Town Center Bank IL's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

* The bar in red indicates where Town Center Bank IL's 5-Year Yield-on-Cost % falls into.



Town Center Bank IL 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 Town Center Bank IL is calculated as

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

Town Center Bank IL  (OTCPK:TCNB) 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.


Town Center Bank IL 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Town Center Bank IL's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Town Center Bank IL (Town Center Bank IL) Business Description

Traded in Other Exchanges
N/A
Address
1938 E. Lincoln Highway, Unit 201, New Lenox, IL, USA, 60451
Town Center Bank IL provides banking products and services to families, businesses, and organizations in Illinois. Its primary deposit products are checking, savings, and term certificate accounts and its primary lending products are residential mortgages, commercial, commercial real estate, construction, land development, and consumer loans. Other financial instruments offered by the bank include loan commitments, credit lines, letters of credit, and overdraft protection.

Town Center Bank IL (Town Center Bank IL) Headlines

No Headlines