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Hang Seng Bank (Hang Seng Bank) 5-Year Yield-on-Cost %

: 3.93 (As of Today)
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Hang Seng Bank's yield on cost for the quarter that ended in Dec. 2023 was 3.93.


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

HSNGY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.77   Med: 2.46   Max: 4.17
Current: 3.93


During the past 13 years, Hang Seng Bank's highest Yield on Cost was 4.17. The lowest was 1.77. And the median was 2.46.


HSNGY's 5-Year Yield-on-Cost % is ranked worse than
61.93% of 1203 companies
in the Banks industry
Industry Median: 4.95 vs HSNGY: 3.93

Competitive Comparison

For the Banks - Regional subindustry, Hang Seng 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.


Hang Seng Bank 5-Year Yield-on-Cost % Distribution

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

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



Hang Seng 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 Hang Seng Bank is calculated as

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

Hang Seng Bank  (OTCPK:HSNGY) 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.


Hang Seng Bank 5-Year Yield-on-Cost % Related Terms

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Hang Seng Bank (Hang Seng Bank) Business Description

Traded in Other Exchanges
Address
83 Des Voeux Road Central, Hong kong, HKG
Hang Seng Bank is a Hong Kong-based financial institution. Founded in 1933, the bank has a long history in Hong Kong and operates three main segments, retail banking and wealth management, commercial banking, and global banking and markets. The majority of the group's profit is generated in Hong Kong and mainland China. HSBC has been its majority shareholder since 1965, with a controlling 62% stake.

Hang Seng Bank (Hang Seng Bank) Headlines

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