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Industrial Bank of Korea (XKRX:024110) 5-Year Yield-on-Cost % : 7.32 (As of Jun. 07, 2024)


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What is Industrial Bank of Korea 5-Year Yield-on-Cost %?

Industrial Bank of Korea's yield on cost for the quarter that ended in Mar. 2024 was 7.32.


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

XKRX:024110' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.86   Med: 4.13   Max: 10.12
Current: 7.32


During the past 13 years, Industrial Bank of Korea's highest Yield on Cost was 10.12. The lowest was 1.86. And the median was 4.13.


XKRX:024110's 5-Year Yield-on-Cost % is ranked better than
72.38% of 1191 companies
in the Banks industry
Industry Median: 5.11 vs XKRX:024110: 7.32

Competitive Comparison of Industrial Bank of Korea's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Industrial Bank of Korea'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.


Industrial Bank of Korea's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

* The bar in red indicates where Industrial Bank of Korea's 5-Year Yield-on-Cost % falls into.



Industrial Bank of Korea 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 Industrial Bank of Korea is calculated as

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

Industrial Bank of Korea  (XKRX:024110) 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.


Industrial Bank of Korea 5-Year Yield-on-Cost % Related Terms

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Industrial Bank of Korea (XKRX:024110) Business Description

Traded in Other Exchanges
N/A
Address
50 Euljiro 2-Ga, Joong-Gu, Seoul, KOR, 100-758
Industrial Bank of Korea is a financial institution domiciled in Korea. The company principally earns revenue from interest income. The bank organises itself into seven segments: retail, corporate, money market, investment banking, credit card, foreign exchange, and others. Corporate banking operations represent more than half consolidated revenue, with retail banking operations the next most significant segment. The vast majority of revenue is derived domestically. The Republic of Korea is a majority shareholder in Industrial Bank of Korea.

Industrial Bank of Korea (XKRX:024110) Headlines

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