First Insurance Co (AMM:FINS) 5-Year Yield-on-Cost % : 3.89 (As of Jun. 21, 2024)

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What is First Insurance Co 5-Year Yield-on-Cost %?

First Insurance Co's yield on cost for the quarter that ended in Mar. 2024 was 3.89.

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

AMM:FINS' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.77 Med: 4.29 Max: 7.04
Current: 3.89

During the past 13 years, First Insurance Co's highest Yield on Cost was 7.04. The lowest was 2.77. And the median was 4.29.

AMM:FINS's 5-Year Yield-on-Cost % is ranked worse than
52.76% of 398 companies
in the Insurance industry
Industry Median: 4.06 vs AMM:FINS: 3.89

Competitive Comparison of First Insurance Co's 5-Year Yield-on-Cost %

For the Insurance - Diversified subindustry, First Insurance Co'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.

First Insurance Co's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

* The bar in red indicates where First Insurance Co's 5-Year Yield-on-Cost % falls into.

First Insurance Co 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 First Insurance Co is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

First Insurance Co (AMM:FINS) 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.

First Insurance Co 5-Year Yield-on-Cost % Related Terms

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First Insurance Co (AMM:FINS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » First Insurance Co (AMM:FINS) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Abdullah II Street, Building No. 95, P.O. Box 189, Khalda - Dabouq Circle, Near the Medical City, Amman, JOR, 11822

Website

https://www.solidarity.com.jo

First Insurance Co is a Jordan-based insurance company. It provides insurance on fire, natural hazards, accidents, medical and marine vehicles, cargo during transportation and other damage to properties, a liability of land-based vehicles, general liability, assistance insurance, and others. Its products include motor insurance, medical insurance, life insurance, and travel insurance among others; while corporate products include marine insurance, property insurance, and cash insurance among others.