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Bank of Jiujiang Co (HKSE:06190) 5-Year Yield-on-Cost % : 1.70 (As of May. 12, 2024)


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

Bank of Jiujiang Co's yield on cost for the quarter that ended in Dec. 2023 was 1.70.


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

HKSE:06190' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.81   Med: 1.17   Max: 1.84
Current: 1.7


During the past 9 years, Bank of Jiujiang Co's highest Yield on Cost was 1.84. The lowest was 0.81. And the median was 1.17.


HKSE:06190's 5-Year Yield-on-Cost % is ranked worse than
88.83% of 1191 companies
in the Banks industry
Industry Median: 4.94 vs HKSE:06190: 1.70

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

For the Banks - Regional subindustry, Bank of Jiujiang 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 Jiujiang Co's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



Bank of Jiujiang 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 Jiujiang Co is calculated as

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

Bank of Jiujiang Co  (HKSE:06190) 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 Jiujiang Co 5-Year Yield-on-Cost % Related Terms

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Bank of Jiujiang Co (HKSE:06190) Business Description

Traded in Other Exchanges
N/A
Address
No. 619 Changhong Avenue, Lianxi District, Jiangxi Province, Jiujiang, CHN, 332000
Bank of Jiujiang Co Ltd is a regional commercial bank dedicated to providing a full range of financial services to small and micro enterprises, individual operators and mass customers. It provides convenient 24-hour online services to customers through electronic banking channels such as online banking, telephone banking, mobile banking, self-service banking and WeChat banking. Its offerings include corporate loans, working capital loans, fixed asset loans, trade finance, demand deposits, time deposits, margin deposits, settlement services and letters of guarantee services. The operating business segments are Corporate banking business, Retail banking business, and Financial market business. The maximum revenue of the company is derived from the Corporate banking business.

Bank of Jiujiang Co (HKSE:06190) Headlines

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