GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cathay General Bancorp (NAS:CATY) » Definitions » 5-Year Yield-on-Cost %

Cathay General Bancorp (Cathay General Bancorp) 5-Year Yield-on-Cost % : 4.56 (As of May. 14, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Cathay General Bancorp 5-Year Yield-on-Cost %?

Cathay General Bancorp's yield on cost for the quarter that ended in Mar. 2024 was 4.56.


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

CATY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.18   Med: 3.19   Max: 8.24
Current: 4.56


During the past 13 years, Cathay General Bancorp's highest Yield on Cost was 8.24. The lowest was 0.18. And the median was 3.19.


CATY's 5-Year Yield-on-Cost % is ranked worse than
53.86% of 1192 companies
in the Banks industry
Industry Median: 4.925 vs CATY: 4.56

Competitive Comparison of Cathay General Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Cathay General Bancorp'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.


Cathay General Bancorp's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

* The bar in red indicates where Cathay General Bancorp's 5-Year Yield-on-Cost % falls into.



Cathay General Bancorp 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 Cathay General Bancorp is calculated as

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

Cathay General Bancorp  (NAS:CATY) 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.


Cathay General Bancorp 5-Year Yield-on-Cost % Related Terms

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


Cathay General Bancorp (Cathay General Bancorp) Business Description

Traded in Other Exchanges
Address
777 North Broadway, Los Angeles, CA, USA, 90012
Cathay General Bancorp is a regional bank primarily serving the Chinese-American community. With more than 45 branches and three international representative offices, the bank provides traditional loan and deposit products, as well as international trade-related services to individuals and small to midsize businesses. The Bank accepts checking, savings, and time deposits, and makes commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The Bank also provides letters of credit, safe deposit, Social Security payment deposit, bank-by-mail, Internet banking services, and other customary banking services.
Executives
Kim R Bingham officer: EVP - Chief Credit Officer CATHAY BANK, 777 NORTH BROADWAY, LOS ANGELES CA 90012
Richard Sun director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Anthony M Tang director, officer: EVP
May K. Chan officer: SVP, General Counsel 9650 FLAIR DRIVE, EL MONTE CA 91731
Peter Wu director, officer: Executive Vice Chairman/COO
Dunson K Cheng director, officer: Chairman & President
Shally Wang director 9650 FLAIR DRIVE, EL MONTE CA 91731
Irwin Wong officer: Executive Vice President
Jane H Jelenko director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Maan-huei Hung director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Lisa L. Kim officer: EVP, General Counsel EAST WEST BANCORP INC, 135 N. LOS ROBLES AVE., 7TH FL, PASADENA CA 91101
Chang Liu officer: EVP, Chief Operating Officer C/O FIRST PACTRUST BANCORP INC, 610 BAY BOULEVARD, CHULA VISTA CA 91910
Kelly L Chan director
Mark Hakjoon Lee officer: EVP, Chief Credit Officer CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Patrick Lee director