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Commonwealth Bank of Australia (Commonwealth Bank of Australia) 5-Year Yield-on-Cost %

: 3.47 (As of Today)
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Commonwealth Bank of Australia's yield on cost for the quarter that ended in Dec. 2023 was 3.47.


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

CMWAY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.93   Med: 4.27   Max: 6.38
Current: 3.47


During the past 13 years, Commonwealth Bank of Australia's highest Yield on Cost was 6.38. The lowest was 1.93. And the median was 4.27.


CMWAY's 5-Year Yield-on-Cost % is ranked worse than
69.19% of 1201 companies
in the Banks industry
Industry Median: 4.98 vs CMWAY: 3.47

Competitive Comparison

For the Banks - Diversified subindustry, Commonwealth Bank of Australia'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.


Commonwealth Bank of Australia 5-Year Yield-on-Cost % Distribution

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

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



Commonwealth Bank of Australia 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 Commonwealth Bank of Australia is calculated as

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

Commonwealth Bank of Australia  (OTCPK:CMWAY) 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.


Commonwealth Bank of Australia 5-Year Yield-on-Cost % Related Terms

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Commonwealth Bank of Australia (Commonwealth Bank of Australia) Business Description

Address
11 Harbour Street, Commonwealth Bank Place South, Level 1, Sydney, NSW, AUS, 2000
Commonwealth Bank is Australia's largest bank with operations spanning Australia, New Zealand, and Asia. Its core business is the provision of retail, business, and institutional banking services. The bank has emphasized its focus on banking in recent years with a numbers of asset divestments in wealth management and insurance.

Commonwealth Bank of Australia (Commonwealth Bank of Australia) Headlines

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