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HKXCY (Hong Kong Exchanges and Clearing) 5-Year Yield-on-Cost % : 3.53 (As of Dec. 15, 2024)


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What is Hong Kong Exchanges and Clearing 5-Year Yield-on-Cost %?

Hong Kong Exchanges and Clearing's yield on cost for the quarter that ended in Jun. 2024 was 3.53.


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

HKXCY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.53   Med: 3.21   Max: 5.1
Current: 3.53


During the past 13 years, Hong Kong Exchanges and Clearing's highest Yield on Cost was 5.10. The lowest was 1.53. And the median was 3.21.


HKXCY's 5-Year Yield-on-Cost % is ranked better than
55.76% of 373 companies
in the Capital Markets industry
Industry Median: 2.95 vs HKXCY: 3.53

Competitive Comparison of Hong Kong Exchanges and Clearing's 5-Year Yield-on-Cost %

For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing'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.


Hong Kong Exchanges and Clearing's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Hong Kong Exchanges and Clearing's 5-Year Yield-on-Cost % falls into.



Hong Kong Exchanges and Clearing 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 Hong Kong Exchanges and Clearing is calculated as

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

Hong Kong Exchanges and Clearing  (OTCPK:HKXCY) 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.


Hong Kong Exchanges and Clearing 5-Year Yield-on-Cost % Related Terms

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Hong Kong Exchanges and Clearing Business Description

Traded in Other Exchanges
Address
8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.