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Middle-East Insurance Co (AMM:MEIN) 5-Year Yield-on-Cost % : 12.61 (As of Jun. 22, 2024)


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

Middle-East Insurance Co's yield on cost for the quarter that ended in Dec. 2023 was 12.61.


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

AMM:MEIN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.94   Med: 4.98   Max: 22.32
Current: 12.61


During the past 13 years, Middle-East Insurance Co's highest Yield on Cost was 22.32. The lowest was 2.94. And the median was 4.98.


AMM:MEIN's 5-Year Yield-on-Cost % is ranked better than
94.22% of 398 companies
in the Insurance industry
Industry Median: 4.085 vs AMM:MEIN: 12.61

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

For the Insurance - Diversified subindustry, Middle-East 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.


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

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

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



Middle-East 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 Middle-East Insurance Co is calculated as

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

Middle-East Insurance Co  (AMM:MEIN) 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.


Middle-East Insurance Co 5-Year Yield-on-Cost % Related Terms

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Middle-East Insurance Co (AMM:MEIN) Business Description

Traded in Other Exchanges
N/A
Address
3rd Circle, 14 Zahran Street, P.O. Box: 1802, Jabal Amman, Amman, JOR, 11118
Middle-East Insurance Co provides all types of insurance services and indemnity business. Its services include accidents, fire, marine, transportation, vehicle, liability, aviation, medical, and life insurance. The company operates in two segments General insurance and Life insurance. The majority of the revenue is generated domestically.

Middle-East Insurance Co (AMM:MEIN) Headlines

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