GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Construction Bank Corp (OTCPK:CICHY) » Definitions » 5-Year Yield-on-Cost %

China Construction Bank (China Construction Bank) 5-Year Yield-on-Cost % : 11.32 (As of Apr. 26, 2024)


View and export this data going back to 2008. Start your Free Trial

What is China Construction Bank 5-Year Yield-on-Cost %?

China Construction Bank's yield on cost for the quarter that ended in Dec. 2023 was 11.32.


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

CICHY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.85   Med: 6.94   Max: 15.57
Current: 11.32


During the past 13 years, China Construction Bank's highest Yield on Cost was 15.57. The lowest was 3.85. And the median was 6.94.


CICHY's 5-Year Yield-on-Cost % is ranked better than
91.29% of 1206 companies
in the Banks industry
Industry Median: 4.975 vs CICHY: 11.32

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

For the Banks - Diversified subindustry, China Construction Bank'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 Construction Bank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

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



China Construction Bank 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 Construction Bank is calculated as

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

China Construction Bank  (OTCPK:CICHY) 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 Construction Bank 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of China Construction Bank's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


China Construction Bank (China Construction Bank) Business Description

Address
No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033
As one of the big four banks, China Construction Bank is headquartered in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.