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Legal & General Group (Legal & General Group) 5-Year Yield-on-Cost % : 9.36 (As of Apr. 25, 2024)


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What is Legal & General Group 5-Year Yield-on-Cost %?

Legal & General Group's yield on cost for the quarter that ended in Dec. 2023 was 9.36.


The historical rank and industry rank for Legal & General Group's 5-Year Yield-on-Cost % or its related term are showing as below:

LGGNY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.69   Med: 7   Max: 13.14
Current: 9.36

During the past 13 years, Legal & General Group's highest Yield on Cost was 13.14. The lowest was 3.69. And the median was 7.00.


LGGNY's 5-Year Yield-on-Cost % is ranked better than
74.05% of 1214 companies
in the Asset Management industry
Industry Median: 5.985 vs LGGNY: 9.36

Competitive Comparison of Legal & General Group's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Legal & General Group'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.

Legal & General Group's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legal & General Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Legal & General Group's 5-Year Yield-on-Cost % falls into.


Legal & General Group 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 Legal & General Group is calculated as

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

Legal & General Group  (OTCPK:LGGNY) 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.

Legal & General Group 5-Year Yield-on-Cost % Related Terms

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Legal & General Group (Legal & General Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legal & General Group PLC (OTCPK:LGGNY) » Definitions » 5-Year Yield-on-Cost %
Comparable Companies
LSE:SMT LSE:SDR LSE:ICP LSE:MNG LSE:FCIT LSE:PCT LSE:ATST LSE:HL. LSE:UKW LSE:EMG BLK BX KKR OSTO:INVE A APO TSX:BN AMP BK OSTO:EQT XSWX:PGHN
Traded in Other Exchanges
LGGNF:USA LGENl:UK LGEN:UK LGI:Germany
Address
One Coleman Street, London, GBR, EC2R 5AA
Website
https://www.legalandgeneralgroup.com
Legal & General Group PLC operates across four broad business areas of retirement, investment management, capital investment, and insurance. The retirement business provides provide guaranteed retirement income for corporate pension scheme members. Investment Management business provides investment management services for both individuals and corporations, including managing pension funds. Capital investment use customers' pension assets, as well as the group's shareholder capital, to make long-term investments in assets such as clean energy, housing, and SME finance. The Insurance business provides various types of insurance, including life and disability insurance. The company has a global presence but most of its assets under management are derived from the United Kingdom and Europe.