Great-West Lifeco (TSX:GWO.PR.L.PFD) 5-Year Yield-on-Cost % : 9.08 (As of Apr. 24, 2024)

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What is Great-West Lifeco 5-Year Yield-on-Cost %?

Great-West Lifeco's yield on cost for the quarter that ended in Dec. 2023 was 9.08.

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

TSX:GWO.PR.L.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.48 Med: 6.14 Max: 11.24
Current: 9.08

During the past 13 years, Great-West Lifeco's highest Yield on Cost was 11.24. The lowest was 4.48. And the median was 6.14.

TSX:GWO.PR.L.PFD's 5-Year Yield-on-Cost % is ranked better than
80.25% of 400 companies
in the Insurance industry
Industry Median: 3.87 vs TSX:GWO.PR.L.PFD: 9.08

Competitive Comparison of Great-West Lifeco's 5-Year Yield-on-Cost %

For the Insurance - Life subindustry, Great-West Lifeco'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.

Great-West Lifeco's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

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

Great-West Lifeco 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 Great-West Lifeco is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Great-West Lifeco (TSX:GWO.PR.L.PFD) 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.

Great-West Lifeco 5-Year Yield-on-Cost % Related Terms

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Great-West Lifeco (TSX:GWO.PR.L.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Great-West Lifeco Inc (TSX:GWO.PR.L.PFD) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

GWLIF:USA GWO.PR.T.PFD:Canada GWO.PR.S.PFD:Canada GWO.PR.R.PFD:Canada GWO.PR.Q.PFD:Canada GWO.PR.P.PFD:Canada GWO.PR.N.PFD:Canada GWO.PR.M.PFD:Canada GWO.PR.I.PFD:Canada GWO.PR.H.PFD:Canada GWO.PR.G.PFD:Canada GWO:Canada

Address

100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3

Website

https://www.greatwestlifeco.com

Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.

Great-West Lifeco (TSX:GWO.PR.L.PFD) Headlines

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