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Manulife Financial (HKSE:00945) 5-Year Yield-on-Cost %

: 7.66 (As of Today)
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Manulife Financial's yield on cost for the quarter that ended in Dec. 2023 was 7.66.


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

HKSE:00945' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.72   Med: 6.2   Max: 11.66
Current: 7.66


During the past 13 years, Manulife Financial's highest Yield on Cost was 11.66. The lowest was 3.72. And the median was 6.20.


HKSE:00945's 5-Year Yield-on-Cost % is ranked better than
85.32% of 402 companies
in the Insurance industry
Industry Median: 3.855 vs HKSE:00945: 7.66

Competitive Comparison

For the Insurance - Life subindustry, Manulife Financial'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.


Manulife Financial 5-Year Yield-on-Cost % Distribution

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

* The bar in red indicates where Manulife Financial's 5-Year Yield-on-Cost % falls into.



Manulife Financial 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 Manulife Financial is calculated as

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

Manulife Financial  (HKSE:00945) 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.


Manulife Financial 5-Year Yield-on-Cost % Related Terms

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Manulife Financial (HKSE:00945) Business Description

Address
200 Bloor Street East, Toronto, ON, CAN, M4W 1E5
Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.35 trillion in assets under management and administration as of June 30, 2023. The U.S. business, which primarily operates under the John Hancock brand, contributes about 30% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 20% of earnings.

Manulife Financial (HKSE:00945) Headlines

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