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CIHHF (China Merchants Bank Co) 5-Year Yield-on-Cost % : 12.29 (As of Dec. 11, 2024)


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

China Merchants Bank Co's yield on cost for the quarter that ended in Sep. 2024 was 12.29.


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

CIHHF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.27   Med: 7.12   Max: 16.24
Current: 12.29


During the past 13 years, China Merchants Bank Co's highest Yield on Cost was 16.24. The lowest was 4.27. And the median was 7.12.


CIHHF's 5-Year Yield-on-Cost % is ranked better than
90.99% of 1232 companies
in the Banks industry
Industry Median: 4.59 vs CIHHF: 12.29

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

For the Banks - Regional subindustry, China Merchants 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.


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

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

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



China Merchants 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 China Merchants Bank Co is calculated as

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

China Merchants Bank Co  (OTCPK:CIHHF) 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 Merchants Bank Co 5-Year Yield-on-Cost % Related Terms

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China Merchants Bank Co Business Description

Address
No. 7088, Shennan Boulevard, 26th Floor, China Merchants Bank Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040
China Merchants Bank was founded in 1987 and is headquartered in Shenzhen. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking, and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2023.