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Horace Mann Educators (FRA:HM9) 5-Year Yield-on-Cost % : 4.65 (As of May. 29, 2024)


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What is Horace Mann Educators 5-Year Yield-on-Cost %?

Horace Mann Educators's yield on cost for the quarter that ended in Mar. 2024 was 4.65.


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

FRA:HM9' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.73   Med: 3.41   Max: 5.34
Current: 4.65


During the past 13 years, Horace Mann Educators's highest Yield on Cost was 5.34. The lowest was 2.73. And the median was 3.41.


FRA:HM9's 5-Year Yield-on-Cost % is ranked better than
59.09% of 396 companies
in the Insurance industry
Industry Median: 3.915 vs FRA:HM9: 4.65

Competitive Comparison of Horace Mann Educators's 5-Year Yield-on-Cost %

For the Insurance - Property & Casualty subindustry, Horace Mann Educators'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.


Horace Mann Educators's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

* The bar in red indicates where Horace Mann Educators's 5-Year Yield-on-Cost % falls into.



Horace Mann Educators 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 Horace Mann Educators is calculated as

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

Horace Mann Educators  (FRA:HM9) 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.


Horace Mann Educators 5-Year Yield-on-Cost % Related Terms

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Horace Mann Educators (FRA:HM9) Business Description

Traded in Other Exchanges
Address
1 Horace Mann Plaza, Springfield, IL, USA, 62715-0001
Horace Mann Educators Corp is a diversified insurance holding company that markets and underwrites personal lines of property and casualty insurance, retirement annuities, and life insurance. The company's property and casualty operations focus on automobile and homeowner insurance, while the retirement annuities are 403(b) tax-qualified products. Horace Mann Educators markets its products to kindergarten through 12th-grade teachers, administrators, and other employees of public schools and their families. The company uses several former teachers in its salesforce. Its segments include Property and Casualty, Supplemental & Group Benefits, Life & Retirement and Corporate and Other.

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