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NMI Holdings (FRA:6NM) 5-Year Yield-on-Cost % : 0.00 (As of May. 23, 2024)


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What is NMI Holdings 5-Year Yield-on-Cost %?

NMI Holdings's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


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



FRA:6NM's 5-Year Yield-on-Cost % is not ranked *
in the Insurance industry.
Industry Median: 3.895
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of NMI Holdings's 5-Year Yield-on-Cost %

For the Insurance - Specialty subindustry, NMI Holdings'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.


NMI Holdings's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

* The bar in red indicates where NMI Holdings's 5-Year Yield-on-Cost % falls into.



NMI Holdings 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 NMI Holdings is calculated as

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

NMI Holdings  (FRA:6NM) 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.


NMI Holdings 5-Year Yield-on-Cost % Related Terms

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NMI Holdings (FRA:6NM) Business Description

Traded in Other Exchanges
Address
2100 Powell Street, Emeryville, CA, USA, 94608
NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The company offers mortgage insurance, reinsurance on loans, and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, Internet-sourced lenders, and other non-bank lenders.

NMI Holdings (FRA:6NM) Headlines

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