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Janashakthi Insurance Co (COL:JINS.N0000) 5-Year Yield-on-Cost % : 5.31 (As of Apr. 28, 2024)


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

Janashakthi Insurance Co's yield on cost for the quarter that ended in Dec. 2023 was 5.31.


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

COL:JINS.N0000' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.15   Med: 6.21   Max: 11.79
Current: 5.31


During the past 13 years, Janashakthi Insurance Co's highest Yield on Cost was 11.79. The lowest was 3.15. And the median was 6.21.


COL:JINS.N0000's 5-Year Yield-on-Cost % is ranked better than
68.16% of 402 companies
in the Insurance industry
Industry Median: 3.86 vs COL:JINS.N0000: 5.31

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

For the Insurance - Life subindustry, Janashakthi 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.


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

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

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



Janashakthi 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 Janashakthi Insurance Co is calculated as

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

Janashakthi Insurance Co  (COL:JINS.N0000) 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.


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

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Janashakthi Insurance Co (COL:JINS.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 75, Kumaran Ratnam Road, P.O. Box 1672, Colombo, LKA, 02
Janashakthi Insurance Co PLC is an insurance company. The company only operates in a Life Insurance business. Life insurance contracts offered by the Company include whole life, term assurance, retirement plans, critical illness benefit, endowment plans, disability insurance, surgery benefit, and daily hospital cash.

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