Solidarity Bahrain BSC (BAH:SOLID) 5-Year Yield-on-Cost % : 7.89 (As of Jun. 06, 2024)

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What is Solidarity Bahrain BSC 5-Year Yield-on-Cost %?

Solidarity Bahrain BSC's yield on cost for the quarter that ended in Mar. 2024 was 7.89.

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

BAH:SOLID' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.43 Med: 6.85 Max: 13.7
Current: 7.89

During the past 13 years, Solidarity Bahrain BSC's highest Yield on Cost was 13.70. The lowest was 1.43. And the median was 6.85.

BAH:SOLID's 5-Year Yield-on-Cost % is ranked better than
85.17% of 391 companies
in the Insurance industry
Industry Median: 3.96 vs BAH:SOLID: 7.89

Competitive Comparison of Solidarity Bahrain BSC's 5-Year Yield-on-Cost %

For the Insurance - Diversified subindustry, Solidarity Bahrain BSC'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.

Solidarity Bahrain BSC's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

* The bar in red indicates where Solidarity Bahrain BSC's 5-Year Yield-on-Cost % falls into.

Solidarity Bahrain BSC 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 Solidarity Bahrain BSC is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Solidarity Bahrain BSC (BAH:SOLID) 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.

Solidarity Bahrain BSC 5-Year Yield-on-Cost % Related Terms

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Solidarity Bahrain BSC (BAH:SOLID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Solidarity Bahrain BSC (BAH:SOLID) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road 2825, Block 428, PO Box 5282, Flat 71, Building 2080, 7th Floor, Seef Tower, Manama, BHR

Website

https://www.solidarity.com.bh

Solidarity Bahrain BSC is engaged in providing insurance services in Bahrain. The company provides home protection plans, motor insurance, personal accident, medical insurance, travel insurance, yacht and pleasure boat insurance, and other products. It operates in the following business segments: i) Non-motor which includes fire, marine, general accident, liability, Aviation, and engineering lines of business, ii) Motor, iii) Medical iv) Group Life which includes group life and credit life business, and v) Family Takaful which includes long-term decreasing term and level term business.

Solidarity Bahrain BSC (BAH:SOLID) Headlines

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