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NI Holdings (NI Holdings) 5-Year Yield-on-Cost % : 0.00 (As of May. 13, 2024)


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

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


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



NODK's 5-Year Yield-on-Cost % is not ranked *
in the Insurance industry.
Industry Median: 3.92
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

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

For the Insurance - Property & Casualty subindustry, NI 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.


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

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

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



NI 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 NI Holdings is calculated as

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

NI Holdings  (NAS:NODK) 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.


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

Thank you for viewing the detailed overview of NI Holdings's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


NI Holdings (NI Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1101 First Avenue North, Fargo, ND, USA, 58102
NI Holdings Inc is a stockholding company. The company's operating segments include private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, commercial insurance, and others. It generates maximum revenue from the home and farm insurance segment.
Executives
Patrick W. Duncan officer: Vice President of Operations 1101 FIRST AVENUE NORTH, FARGO ND 58102
Prakash Mathew director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Duaine Espegard director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Stephen V. Marlow director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Jeffrey R. Missling director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Eric K. Aasmundstad director 1101 FIRST AVENUE NORTH, FARGO ND 58102
William Russell Devlin director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Cindy Launer director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Michael J. Alexander director, officer: President & CEO 1101 FIRST AVENUE NORTH, FARGO ND 58102
Seth C. Daggett officer: EVP of Strategy 1101 FIRST AVENUE NORTH, FARGO ND 58102
Timothy J. Milius officer: Vice President of Finance 1101 FIRST AVENUE NORTH, FARGO ND 58102
Brian R. Doom officer: Executive Vice President & CFO 1101 FIRST AVENUE NORTH, FARGO ND 58102
Brad J. Larson officer: Regional Sales Director 1101 FIRST AVENUE NORTH, FARGO ND 58102
Nodak Mutual Group, Inc. 10 percent owner 1101 FIRST AVENUE NORTH, FARGO ND 58102