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The People's Insurance Co (Group) of China (FRA:PIR) 5-Year Yield-on-Cost % : 35.16 (As of May. 12, 2024)


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What is The People's Insurance Co (Group) of China 5-Year Yield-on-Cost %?

The People's Insurance Co (Group) of China's yield on cost for the quarter that ended in Mar. 2024 was 35.16.


The historical rank and industry rank for The People's Insurance Co (Group) of China's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:PIR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 24.03   Med: 30.91   Max: 39.36
Current: 35.16


During the past 13 years, The People's Insurance Co (Group) of China's highest Yield on Cost was 39.36. The lowest was 24.03. And the median was 30.91.


FRA:PIR's 5-Year Yield-on-Cost % is ranked better than
99.24% of 396 companies
in the Insurance industry
Industry Median: 3.91 vs FRA:PIR: 35.16

Competitive Comparison of The People's Insurance Co (Group) of China's 5-Year Yield-on-Cost %

For the Insurance - Property & Casualty subindustry, The People's Insurance Co (Group) 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.


The People's Insurance Co (Group) of China's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The People's Insurance Co (Group) of China's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where The People's Insurance Co (Group) of China's 5-Year Yield-on-Cost % falls into.



The People's Insurance Co (Group) 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 The People's Insurance Co (Group) of China is calculated as

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

The People's Insurance Co (Group) of China  (FRA:PIR) 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.


The People's Insurance Co (Group) of China 5-Year Yield-on-Cost % Related Terms

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The People's Insurance Co (Group) of China (FRA:PIR) Business Description

Traded in Other Exchanges
Address
No. 88, West Chang’an Avenue, 1st-13th Floor, Xi Cheng District, Beijing, CHN, 100031
Headquartered in Beijing, PICC Group is the largest state-owned insurance group, holding a 69% stake in PICC P&C, an 80% stake in PICC Life, and a 69% stake in PICC Health Insurance. Its P&C subsidiary is the largest nonlife insurer with about one third of market share in China. Life and health insurance subsidiaries hold about 2.9% and 1.3% share, respectively. The Ministry of Finance is the largest shareholder, with 61% share. China's Social Security Fund is the group's second-largest shareholder holding nearly 13% share.

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