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Cathay Financial Holding Co (TPE:2882) 5-Year Yield-on-Cost % : 1.34 (As of Apr. 27, 2024)


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What is Cathay Financial Holding Co 5-Year Yield-on-Cost %?

Cathay Financial Holding Co's yield on cost for the quarter that ended in Dec. 2023 was 1.34.


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

TPE:2882' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.84   Med: 2.96   Max: 10.35
Current: 1.34


During the past 13 years, Cathay Financial Holding Co's highest Yield on Cost was 10.35. The lowest was 0.84. And the median was 2.96.


TPE:2882's 5-Year Yield-on-Cost % is ranked worse than
84.08% of 402 companies
in the Insurance industry
Industry Median: 3.86 vs TPE:2882: 1.34

Competitive Comparison of Cathay Financial Holding Co's 5-Year Yield-on-Cost %

For the Insurance - Life subindustry, Cathay Financial Holding 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.


Cathay Financial Holding Co's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

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



Cathay Financial Holding 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 Cathay Financial Holding Co is calculated as

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

Cathay Financial Holding Co  (TPE:2882) 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.


Cathay Financial Holding Co 5-Year Yield-on-Cost % Related Terms

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Cathay Financial Holding Co (TPE:2882) Business Description

Traded in Other Exchanges
Address
No. 296, Section 4, Renai Road, Da'an District, Taipei, TWN, 106
Cathay Financial Holding Co Ltd is a financial holding company that primarily serves the Taiwan market. The scope of its business is limited by the operation of law to the investment and management of financial services enterprises. The company is a hub for financial services primarily in insurance and banking, and secondarily in asset management. Cathay Financial Holding emphasizes cross-selling and information technology integration in its business model. most of its insurance business, which constitutes approximately half of the company's revenue mix, is related to life insurance. Its banking business, which makes up nearly the other half of its business, is mostly related to consumer and corporate banking.

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