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Target Insurance (Holdings) (HKSE:06161) 5-Year Yield-on-Cost % : 0.00 (As of Apr. 27, 2024)


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What is Target Insurance (Holdings) 5-Year Yield-on-Cost %?

Target Insurance (Holdings)'s yield on cost for the quarter that ended in Jun. 2023 was 0.00.


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


During the past 10 years, Target Insurance (Holdings)'s highest Yield on Cost was 5.56. The lowest was 2.74. And the median was 3.48.


HKSE:06161's 5-Year Yield-on-Cost % is not ranked *
in the Insurance industry.
Industry Median: 3.86
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Target Insurance (Holdings)'s 5-Year Yield-on-Cost %

For the Insurance - Property & Casualty subindustry, Target Insurance (Holdings)'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.


Target Insurance (Holdings)'s 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

* The bar in red indicates where Target Insurance (Holdings)'s 5-Year Yield-on-Cost % falls into.



Target Insurance (Holdings) 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 Target Insurance (Holdings) is calculated as

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

Target Insurance (Holdings)  (HKSE:06161) 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.


Target Insurance (Holdings) 5-Year Yield-on-Cost % Related Terms

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Target Insurance (Holdings) (HKSE:06161) Business Description

Traded in Other Exchanges
N/A
Address
181 Queen’s Road Central, Grand Millennium Plaza, 5th Floor, Low Block, Hong Kong, HKG
Target Insurance (Holdings) Ltd is an investment company based in Hong Kong. It is principally engaged in writing motor insurance. The company offers insurance for the taxi, public light bus, and other motor vehicles. Its operating segments are Taxi, Public Light Bus, Other motor vehicles. The company earns revenue in the form of insurance premiums, dividend income, interest income, and others. It generates all of its revenue from Hong Kong.

Target Insurance (Holdings) (HKSE:06161) Headlines

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