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Industrial Bank Co (SHSE:601166) 5-Year Yield-on-Cost % : 12.99 (As of May. 06, 2024)


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

Industrial Bank Co's yield on cost for the quarter that ended in Mar. 2024 was 12.99.


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

SHSE:601166' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.68   Med: 7.09   Max: 16.42
Current: 12.99


During the past 13 years, Industrial Bank Co's highest Yield on Cost was 16.42. The lowest was 3.68. And the median was 7.09.


SHSE:601166's 5-Year Yield-on-Cost % is ranked better than
93.28% of 1190 companies
in the Banks industry
Industry Median: 4.975 vs SHSE:601166: 12.99

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

For the Banks - Regional subindustry, Industrial Bank 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.


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

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

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



Industrial Bank 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 Industrial Bank Co is calculated as

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

Industrial Bank Co  (SHSE:601166) 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 Co 5-Year Yield-on-Cost % Related Terms

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Industrial Bank Co (SHSE:601166) Business Description

Traded in Other Exchanges
N/A
Address
No. 154 Hudong Road, Zhongshan Tower, Fujian, Fuzhou, CHN, 350003
Industrial Bank Co Ltd is a joint-stock commercial bank. Its services include taking deposits; granting short, middle and long-term loan; handle domestic and overseas settlement; handle documents acceptance and discount; among others.

Industrial Bank Co (SHSE:601166) Headlines

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