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JiangXi Bank Co (HKSE:01916) 5-Year Yield-on-Cost % : 7.39 (As of Apr. 30, 2024)


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

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


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

HKSE:01916' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.73   Med: 3.19   Max: 9.02
Current: 7.39


During the past 9 years, JiangXi Bank Co's highest Yield on Cost was 9.02. The lowest was 1.73. And the median was 3.19.


HKSE:01916's 5-Year Yield-on-Cost % is ranked better than
75.06% of 1207 companies
in the Banks industry
Industry Median: 4.97 vs HKSE:01916: 7.39

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

For the Banks - Regional subindustry, JiangXi 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.


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

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

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



JiangXi 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 JiangXi Bank Co is calculated as

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

JiangXi Bank Co  (HKSE:01916) 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.


JiangXi Bank Co 5-Year Yield-on-Cost % Related Terms

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JiangXi Bank Co (HKSE:01916) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
JiangXi Bank Co Ltd operates as a commercial bank in China. The company's operating segments include Corporate banking; Retail banking and credit card; Financial markets business and others. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment provides a range of financial products and services to corporations, government agencies and financial institutions.

JiangXi Bank Co (HKSE:01916) Headlines

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