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ProAssurance (ProAssurance) 5-Year Yield-on-Cost % : 0.02 (As of Apr. 25, 2024)


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What is ProAssurance 5-Year Yield-on-Cost %?

ProAssurance's yield on cost for the quarter that ended in Dec. 2023 was 0.02.


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

PRA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.01   Med: 0.1   Max: 0.38
Current: 0.02


During the past 13 years, ProAssurance's highest Yield on Cost was 0.38. The lowest was 0.01. And the median was 0.10.


PRA's 5-Year Yield-on-Cost % is ranked worse than
100% of 400 companies
in the Insurance industry
Industry Median: 3.84 vs PRA: 0.02

Competitive Comparison of ProAssurance's 5-Year Yield-on-Cost %

For the Insurance - Property & Casualty subindustry, ProAssurance'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.


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

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

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



ProAssurance 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 ProAssurance is calculated as

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

ProAssurance  (NYSE:PRA) 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.


ProAssurance 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of ProAssurance's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


ProAssurance (ProAssurance) Business Description

Traded in Other Exchanges
N/A
Address
100 Brookwood Place, Birmingham, AL, USA, 35209
ProAssurance Corp is a holding company for property and casualty insurance companies. The company's wholly owned insurance subsidiaries provide professional liability insurance for healthcare professionals and facilities, professional liability insurance for attorneys, and workers' compensation insurance. ProAssurance reports operating results in five segments: Specialty Property and Casualty, Workers' Compensation, Segregated Portfolio Cell Reinsurance, Lloyd's Syndicate, and Corporate. ProAssurance generates the vast majority of its revenue from its Specialty P&C activities, followed by Worker's Compensation.
Executives
Robert David Francis officer: Pres Healthcare Pro. Liability 4 PINE RIDGE LANE, MOUNTAIN BROOK AL 35213
Scott C Syphax director 100 BROOKWOOD PLACE, SUITE 300, BIRMINGHAM AL 35209
Fabiloa Cobarrubias director 100 BROOKWOOD PLACE, SUITE 300, BIRMINGHAM AL 35209
Noreen Dishart officer: Executive VP/Chief HR Officer 177 SALOLI WAY, LOUDON TN 37774
Frank Anthony Spinosa director PO BOX 72, SHELTER ISLAND NY 11964
Mcmahon John J Jr director 1927 1ST AVENUE NORTH, 5TH FLOOR, BIRMINGHAM AL 35203
Maye Head Frei director 2964 CHEROKEE ROAD, BIRMINGHAM AL 35223
Kevin Merrick Shook officer: President of a Subsidiary 25 RACE AVENUE, LANCASTER PA 17603
Dana S Hendricks officer: Chief Financial Officer 656 AYLESFORD LANE, FRANKLIN TN 37069
Magnus James Gorrie director PO BOX 10383, BIRMINGHAM AL 35202
Adkins Kedrick D Jr director 1173 COPPERWOOD DRIVE, BLOOMFIELD HILLS MI 48302
O Neil Frank B officer: Senior Vice-President, other: Assistant Secretary
Howard H Friedman officer: Chief Financial Officer, other: Secretary & Senior VP
William Stancil Starnes officer: Chief Executive Officer P O BOX 598512, BIRMINGHAM AL 35259-8512
Jeffrey Patton Lisenby officer: Vice-President, other: Corporate Secretary 100 BROOKWOOD PLACE, BIRMINGHAM AL 35209

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