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Abu Dhabi National Takaful Co PSC (ADX:TKFL) 5-Year Yield-on-Cost % : 9.05 (As of May. 20, 2024)


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What is Abu Dhabi National Takaful Co PSC 5-Year Yield-on-Cost %?

Abu Dhabi National Takaful Co PSC's yield on cost for the quarter that ended in Dec. 2023 was 9.05.


The historical rank and industry rank for Abu Dhabi National Takaful Co PSC's 5-Year Yield-on-Cost % or its related term are showing as below:

ADX:TKFL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.99   Med: 4.85   Max: 20.9
Current: 9.05


During the past 13 years, Abu Dhabi National Takaful Co PSC's highest Yield on Cost was 20.90. The lowest was 1.99. And the median was 4.85.


ADX:TKFL's 5-Year Yield-on-Cost % is ranked better than
88.58% of 394 companies
in the Insurance industry
Industry Median: 3.885 vs ADX:TKFL: 9.05

Competitive Comparison of Abu Dhabi National Takaful Co PSC's 5-Year Yield-on-Cost %

For the Insurance - Diversified subindustry, Abu Dhabi National Takaful Co PSC'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.


Abu Dhabi National Takaful Co PSC's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Abu Dhabi National Takaful Co PSC's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Abu Dhabi National Takaful Co PSC's 5-Year Yield-on-Cost % falls into.



Abu Dhabi National Takaful Co PSC 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 Abu Dhabi National Takaful Co PSC is calculated as

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

Abu Dhabi National Takaful Co PSC  (ADX:TKFL) 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.


Abu Dhabi National Takaful Co PSC 5-Year Yield-on-Cost % Related Terms

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Abu Dhabi National Takaful Co PSC (ADX:TKFL) Business Description

Traded in Other Exchanges
N/A
Address
Tamouh Tower, 25th Floor, P.O. Box 35335, Marina Square, Al Reem Island, Abu Dhabi, ARE
Abu Dhabi National Takaful Co PSC is engaged in providing Takaful insurance solutions for the regional market. The company is licensed by the Ministry of Economy & Commerce as the first Takaful operator in the emirates of Abu Dhabi and is among the Islamic insurance companies operating in the United Arab Emirates. The company's core business activities and investments are conducted in accordance with the Islamic Shari'a. The company has a comprehensive range of products and services, which have been developed under the guidance of the Fatwa & Shari'a Supervisory Board to meet the varying needs of clients in the field of Islamic finance.

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