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Bank of Tianjin Co (HKSE:01578) 5-Year Yield-on-Cost % : 7.39 (As of May. 16, 2024)


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What is Bank of Tianjin Co 5-Year Yield-on-Cost %?

Bank of Tianjin Co's yield on cost for the quarter that ended in Dec. 2023 was 7.39.


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

HKSE:01578' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3   Med: 5.53   Max: 7.74
Current: 7.39


During the past 12 years, Bank of Tianjin Co's highest Yield on Cost was 7.74. The lowest was 3.00. And the median was 5.53.


HKSE:01578's 5-Year Yield-on-Cost % is ranked better than
75.42% of 1192 companies
in the Banks industry
Industry Median: 4.95 vs HKSE:01578: 7.39

Competitive Comparison of Bank of Tianjin Co's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Bank of Tianjin Co'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.


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

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

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



Bank of Tianjin Co 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 Bank of Tianjin Co is calculated as

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

Bank of Tianjin Co  (HKSE:01578) 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.


Bank of Tianjin Co 5-Year Yield-on-Cost % Related Terms

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Bank of Tianjin Co (HKSE:01578) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Youyi Road, Hexi District, Tianjin, CHN, 300201
Bank of Tianjin Co Ltd is a commercial bank providing banking and financial services. It also provides agency services for the housing maintenance fund. Its segments are corporate banking Business, personal banking Business, treasury business, and Others. Majority of its revenue generated from Personal Banking Business Segment. Geographical presence in Asia Pacific (excluding mainland China of which: attributed to Hong Kong, Europe and North America.

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