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Bank Of China (SHSE:601988) 5-Year Yield-on-Cost % : 6.87 (As of May. 08, 2024)


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

Bank Of China's yield on cost for the quarter that ended in Mar. 2024 was 6.87.


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

SHSE:601988' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.56   Med: 7.34   Max: 17.21
Current: 6.87


During the past 13 years, Bank Of China's highest Yield on Cost was 17.21. The lowest was 4.56. And the median was 7.34.


SHSE:601988's 5-Year Yield-on-Cost % is ranked better than
84.89% of 1191 companies
in the Banks industry
Industry Median: 4.92 vs SHSE:601988: 6.87

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

For the Banks - Diversified subindustry, Bank Of China'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.


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

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

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



Bank Of China 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 Bank Of China is calculated as

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

Bank Of China  (SHSE:601988) 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.


Bank Of China 5-Year Yield-on-Cost % Related Terms

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Bank Of China (SHSE:601988) Business Description

Traded in Other Exchanges
Address
No. 1 Fuxingmen Nei Dajie, Xicheng District, Beijing, CHN, 100818
Bank of China was founded in 1912 with headquarter in Beijing. The bank has evolved as a central bank, international exchange bank, and state-owned bank specializing in foreign trade business. BOC was listed on the Hong Kong and Shanghai stock exchanges in 2006. It provides a comprehensive range of financial services to customers across greater China and overseas. Central Huijin, a Chinese state-owned investment company and BOC's largest shareholder, controls 64%.

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