PSC Insurance Group (ASX:PSI) 5-Year Yield-on-Cost % : 4.35 (As of May. 20, 2024)

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What is PSC Insurance Group 5-Year Yield-on-Cost %?

PSC Insurance Group's yield on cost for the quarter that ended in Dec. 2023 was 4.35.

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

ASX:PSI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.94 Med: 4.39 Max: 6.86
Current: 4.35

During the past 8 years, PSC Insurance Group's highest Yield on Cost was 6.86. The lowest was 0.94. And the median was 4.39.

ASX:PSI's 5-Year Yield-on-Cost % is ranked better than
57.61% of 394 companies
in the Insurance industry
Industry Median: 3.885 vs ASX:PSI: 4.35

Competitive Comparison of PSC Insurance Group's 5-Year Yield-on-Cost %

For the Insurance Brokers subindustry, PSC Insurance Group'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.

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

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

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

PSC Insurance Group 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 PSC Insurance Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

PSC Insurance Group (ASX:PSI) 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.

PSC Insurance Group 5-Year Yield-on-Cost % Related Terms

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PSC Insurance Group (ASX:PSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PSC Insurance Group Ltd (ASX:PSI) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Wellington Parade, Level 4, East Melbourne, Melbourne, VIC, AUS, 3002

Website

https://www.pscinsurancegroup.com.au

PSC Insurance Group is an insurance intermediary which owns broker and underwriting businesses in Australia, New Zealand and the U.K. It also runs the third largest broker network in Australia, allowing independent brokers to access support services for a fee. PSC Insurance derives most of its revenue from commissions (from insurers, ultimately paid for by PSC's customers) based on gross written premium. Broker GWP is split between small to medium enterprises (45%), and corporates (55%). The U.K. business spans retail and wholesale broking, underwriting agencies, and managing agents which have the authority to underwrite on behalf of insurers.