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China Life Insurance Co (China Life Insurance Co) 5-Year Yield-on-Cost % : 11.57 (As of Apr. 25, 2024)


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

China Life Insurance Co's yield on cost for the quarter that ended in Dec. 2023 was 11.57.


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

CILJF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.93   Med: 3.42   Max: 11.57
Current: 11.57


During the past 13 years, China Life Insurance Co's highest Yield on Cost was 11.57. The lowest was 0.93. And the median was 3.42.


CILJF's 5-Year Yield-on-Cost % is ranked better than
93.75% of 400 companies
in the Insurance industry
Industry Median: 3.84 vs CILJF: 11.57

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

For the Insurance - Life subindustry, China Life 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.


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

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

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



China Life 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 China Life Insurance Co is calculated as

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

China Life Insurance Co  (OTCPK:CILJF) 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.


China Life Insurance Co 5-Year Yield-on-Cost % Related Terms

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China Life Insurance Co (China Life Insurance Co) Business Description

Traded in Other Exchanges
Address
No. 16, Financial Street, Xicheng District, Beijing, CHN, 100033
With headquarters in Beijing and commanding about 20% market share, China Life Insurance is the largest life insurance company in China. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is undergoing a business transformation toward the sale of long-term protection products and away from short-term and single-premium products.