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Centene (LTS:0HVB) 5-Year Yield-on-Cost % : 0.00 (As of May. 15, 2024)


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What is Centene 5-Year Yield-on-Cost %?

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


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



LTS:0HVB's 5-Year Yield-on-Cost % is not ranked *
in the Healthcare Plans industry.
Industry Median: 3.09
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Healthcare Plans subindustry, Centene'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.


Centene's 5-Year Yield-on-Cost % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Centene's 5-Year Yield-on-Cost % distribution charts can be found below:

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



Centene 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 Centene is calculated as

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

Centene  (LTS:0HVB) 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.


Centene 5-Year Yield-on-Cost % Related Terms

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Centene (LTS:0HVB) Business Description

Address
7700 Forsyth Boulevard, Centene Plaza, St. Louis, MO, USA, 63105
Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 24 million medical members as of June 2023, mostly in Medicaid (67% of membership), the individual exchanges (14%), and Medicare Advantage (6%) plans. The company also serves traditional Medicare users with its Medicare Part D pharmaceutical program.

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