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CIC Insurance Group (NAI:CIC) 5-Year Yield-on-Cost % : 5.73 (As of May. 16, 2024)


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What is CIC Insurance Group 5-Year Yield-on-Cost %?

CIC Insurance Group's yield on cost for the quarter that ended in Dec. 2022 was 5.73.


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

NAI:CIC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.73   Med: 2.5   Max: 6.53
Current: 5.73


During the past 12 years, CIC Insurance Group's highest Yield on Cost was 6.53. The lowest was 0.73. And the median was 2.50.


NAI:CIC's 5-Year Yield-on-Cost % is ranked better than
71.39% of 395 companies
in the Insurance industry
Industry Median: 3.88 vs NAI:CIC: 5.73

Competitive Comparison of CIC Insurance Group's 5-Year Yield-on-Cost %

For the Insurance - Diversified subindustry, CIC Insurance 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.


CIC Insurance Group's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

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



CIC Insurance 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 CIC Insurance Group is calculated as

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

CIC Insurance Group  (NAI:CIC) 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.


CIC Insurance Group 5-Year Yield-on-Cost % Related Terms

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CIC Insurance Group (NAI:CIC) Business Description

Traded in Other Exchanges
N/A
Address
Mara Road, Upper Hill, P.O. Box 59485, CIC Plaza, Nairobi, KEN, 00200
CIC Insurance Group Ltd is an insurance company. The Group's reportable segments are long-term business, general insurance business, asset management and other. Its product portfolio consists of General insurance, Life assurance, Health insurance, and Asset management services. It takes the risk for retail, Cooperative societies, and corporate entities.

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