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Shinhan Financial Group Co (Shinhan Financial Group Co) 5-Year Yield-on-Cost % : 5.41 (As of Apr. 25, 2024)


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

Shinhan Financial Group Co's yield on cost for the quarter that ended in Dec. 2023 was 5.41.


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

SHG' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.33   Med: 3.64   Max: 8.36
Current: 5.41

During the past 13 years, Shinhan Financial Group Co's highest Yield on Cost was 8.36. The lowest was 1.33. And the median was 3.64.


SHG's 5-Year Yield-on-Cost % is ranked better than
52.57% of 1206 companies
in the Banks industry
Industry Median: 4.965 vs SHG: 5.41

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

For the Banks - Regional subindustry, Shinhan Financial Group 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.

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

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

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


Shinhan Financial Group 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 Shinhan Financial Group Co is calculated as

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

Shinhan Financial Group Co  (NYSE:SHG) 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.

Shinhan Financial Group Co 5-Year Yield-on-Cost % Related Terms

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Shinhan Financial Group Co (Shinhan Financial Group Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Shinhan Financial Group Co Ltd (NYSE:SHG) » Definitions » 5-Year Yield-on-Cost %
Comparable Companies
XKRX:105560 XKRX:086790 XKRX:323410 XKRX:024110 XKRX:316140 XKRX:175330 XKRX:138930 XKRX:139130 XKRX:006220 XKRX:007330 NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05
Traded in Other Exchanges
055550:Korea
Address
20, Sejong-daero 9-gil, Jung-gu, Seoul, KOR, 04513
Website
http://www.shinhangroup.com
Shinhan Financial is Korea's largest banking group. Its 11.2% market share of loans trails KB's 12.8%, but Shinhan has more contribution from nonbank and overseas businesses than rivals. Nonbank units include Shinhan Card, the country's largest credit card company, brokerage firm Shinhan Securities, and a top-five presence in life insurance. It also owns leasing firm Shinhan Capital, Shinhan Asset Management, and regional bank Jeju Bank, among others. Unlike KB, whose predecessor banks were originally founded by the government, Shinhan has always been a private-sector bank, having grown to the top spot organically and through M&A after having been only a second-tier player before the Asian financial crisis.