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Vietnam Technological and Commercial Joint Stock bank (STC:TCB) 5-Year Yield-on-Cost % : 3.15 (As of Jun. 06, 2024)


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What is Vietnam Technological and Commercial Joint Stock bank 5-Year Yield-on-Cost %?

Vietnam Technological and Commercial Joint Stock bank's yield on cost for the quarter that ended in Mar. 2024 was 3.15.


The historical rank and industry rank for Vietnam Technological and Commercial Joint Stock bank's 5-Year Yield-on-Cost % or its related term are showing as below:

STC:TCB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.23
Current: 3.15


During the past 7 years, Vietnam Technological and Commercial Joint Stock bank's highest Yield on Cost was 3.23. The lowest was 0.00. And the median was 0.00.


STC:TCB's 5-Year Yield-on-Cost % is ranked worse than
74.66% of 1188 companies
in the Banks industry
Industry Median: 5.07 vs STC:TCB: 3.15

Competitive Comparison of Vietnam Technological and Commercial Joint Stock bank's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Vietnam Technological and Commercial Joint Stock bank'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.


Vietnam Technological and Commercial Joint Stock bank's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Vietnam Technological and Commercial Joint Stock bank's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Vietnam Technological and Commercial Joint Stock bank's 5-Year Yield-on-Cost % falls into.



Vietnam Technological and Commercial Joint Stock bank 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 Vietnam Technological and Commercial Joint Stock bank is calculated as

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

Vietnam Technological and Commercial Joint Stock bank  (STC:TCB) 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.


Vietnam Technological and Commercial Joint Stock bank 5-Year Yield-on-Cost % Related Terms

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Vietnam Technological and Commercial Joint Stock bank (STC:TCB) Business Description

Traded in Other Exchanges
N/A
Address
191 Ba Trieu Street, Le Dai Hanh Ward, Techcombank Tower, Hai Ba Trung District, Hanoi, VNM
Vietnam Technological and Commercial Joint Stock bank offers banking services. The company's operating segment includes Banking activities; Asset management activities; Securities trading activities; Fund management activities and Other finance activities. It generates maximum revenue from the Banking activities segment. The Banking activities segment products and services provided to customers include mobilizing deposits; providing credit; providing settlement and card services; and providing other banking services.

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