Mizuho Financial Group (Mizuho Financial Group) 5-Year Yield-on-Cost % : 3.38 (As of Apr. 25, 2024)

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What is Mizuho Financial Group 5-Year Yield-on-Cost %?

Mizuho Financial Group's yield on cost for the quarter that ended in Dec. 2023 was 3.38.

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

MFG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.48 Med: 3.91 Max: 6.87
Current: 3.38

During the past 13 years, Mizuho Financial Group's highest Yield on Cost was 6.87. The lowest was 2.48. And the median was 3.91.

MFG's 5-Year Yield-on-Cost % is ranked worse than
69.98% of 1206 companies
in the Banks industry
Industry Median: 4.965 vs MFG: 3.38

Competitive Comparison of Mizuho Financial Group's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Mizuho Financial Group'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.

Mizuho Financial Group's 5-Year Yield-on-Cost % Distribution in the Banks Industry

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

* The bar in red indicates where Mizuho Financial Group's 5-Year Yield-on-Cost % falls into.

Mizuho Financial Group 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 Mizuho Financial Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Mizuho Financial Group (NYSE:MFG) 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.

Mizuho Financial Group 5-Year Yield-on-Cost % Related Terms

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Mizuho Financial Group (Mizuho Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mizuho Financial Group Inc (NYSE:MFG) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

MZHOF:USA 8411:Japan MZ8A:Germany MZ8:Germany MZ8:Germany MFG:Argentina

Address

1-5-5, Otemachi, Otemachi Tower, Chiyoda-ku, Tokyo, JPN, 100-8176

Website

https://www.mizuho-fg.co.jp

Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, Mizuho's market share of domestic loans was 6.7%, compared with 7.1% for SMFG and 8.1% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers that own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.