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Jiangsu Zijin Rural Commercial Bank Co (SHSE:601860) 5-Year Yield-on-Cost % : 3.69 (As of Jun. 01, 2024)


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What is Jiangsu Zijin Rural Commercial Bank Co 5-Year Yield-on-Cost %?

Jiangsu Zijin Rural Commercial Bank Co's yield on cost for the quarter that ended in Mar. 2024 was 3.69.


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

SHSE:601860' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.34   Med: 3.09   Max: 4.02
Current: 3.69


During the past 13 years, Jiangsu Zijin Rural Commercial Bank Co's highest Yield on Cost was 4.02. The lowest was 1.34. And the median was 3.09.


SHSE:601860's 5-Year Yield-on-Cost % is ranked worse than
67.76% of 1191 companies
in the Banks industry
Industry Median: 5.06 vs SHSE:601860: 3.69

Competitive Comparison of Jiangsu Zijin Rural Commercial Bank Co's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Jiangsu Zijin Rural Commercial 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.


Jiangsu Zijin Rural Commercial Bank Co's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Jiangsu Zijin Rural Commercial 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 Jiangsu Zijin Rural Commercial Bank Co is calculated as

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

Jiangsu Zijin Rural Commercial Bank Co  (SHSE:601860) 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.


Jiangsu Zijin Rural Commercial Bank Co 5-Year Yield-on-Cost % Related Terms

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Jiangsu Zijin Rural Commercial Bank Co (SHSE:601860) Business Description

Traded in Other Exchanges
N/A
Address
No. 381, Jiangdong Middle Road, Jianye District, Nanjing, CHN
Jiangsu Zijin Rural Commercial Bank Co Ltd is an China based company engaged in providing banking products and services.
Executives
Shi Wen Xiong senior management
Zhu Ming Director
Hou Jun Director
Zhao Yuan Kuan Director
Xu Yan Director
Wu Fei Director
Tang Yu Director
Wang Liu Ping Director
Xu Guo Yu senior management
Chen Ya senior management
Wang Qing Guo senior management
Zhang Ding Director

Jiangsu Zijin Rural Commercial Bank Co (SHSE:601860) Headlines

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