China Mobile (China Mobile) 5-Year Yield-on-Cost % : 7.63 (As of Apr. 25, 2024)

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What is China Mobile 5-Year Yield-on-Cost %?

China Mobile's yield on cost for the quarter that ended in Mar. 2024 was 7.63.

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

CHL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.06 Med: 4.16 Max: 7.63
Current: 7.63

During the past 13 years, China Mobile's highest Yield on Cost was 7.63. The lowest was 3.06. And the median was 4.16.

CHL's 5-Year Yield-on-Cost % is ranked better than
67.86% of 224 companies
in the Telecommunication Services industry
Industry Median: 4.505 vs CHL: 7.63

Competitive Comparison of China Mobile's 5-Year Yield-on-Cost %

For the Telecom Services subindustry, China Mobile'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.

China Mobile's 5-Year Yield-on-Cost % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where China Mobile's 5-Year Yield-on-Cost % falls into.

China Mobile 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 China Mobile is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

China Mobile (NYSE:CHL) 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.

China Mobile 5-Year Yield-on-Cost % Related Terms

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China Mobile (China Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (NYSE:CHL) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

941:Mexico 00941:Hong Kong CTM:Germany 600941:China

Address

99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG

Website

https://www.chinamobileltd.com

China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.