Hannover Rueck SE (Hannover Rueck SE) 5-Year Yield-on-Cost % : 3.21 (As of Apr. 26, 2024)

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What is Hannover Rueck SE 5-Year Yield-on-Cost %?

Hannover Rueck SE's yield on cost for the quarter that ended in Dec. 2023 was 3.21.

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

HVRRY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.77 Med: 4.3 Max: 7.05
Current: 3.21

During the past 13 years, Hannover Rueck SE's highest Yield on Cost was 7.05. The lowest was 2.77. And the median was 4.30.

HVRRY's 5-Year Yield-on-Cost % is ranked worse than
62.75% of 400 companies
in the Insurance industry
Industry Median: 3.84 vs HVRRY: 3.21

Competitive Comparison of Hannover Rueck SE's 5-Year Yield-on-Cost %

For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.

Hannover Rueck SE's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hannover Rueck SE's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Hannover Rueck SE's 5-Year Yield-on-Cost % falls into.

Hannover Rueck SE 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 Hannover Rueck SE is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Hannover Rueck SE (OTCPK:HVRRY) 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.

Hannover Rueck SE 5-Year Yield-on-Cost % Related Terms

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Hannover Rueck SE (Hannover Rueck SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hannover Rueck SE (OTCPK:HVRRY) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

HNR1d:UK 0M9A:UK HNR1:Germany HNR1:Austria

Address

Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625

Website

https://www.hannover-re.com

Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftplichtverband founded Eisen- und Stahl to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftplichtverband and Aktiengesellschaft fur Transport und- Ruckversichering was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx on Jan. 1, 2019. Hannover was listed in the '90s on the Frankfurt Stock Exchange.