GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Life Insurance Corporation of India (BOM:543526) » Definitions » 5-Year Yield-on-Cost %

Life Insurance of India (BOM:543526) 5-Year Yield-on-Cost % : 0.71 (As of Apr. 28, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Life Insurance of India 5-Year Yield-on-Cost %?

Life Insurance of India's yield on cost for the quarter that ended in Dec. 2023 was 0.71.


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

BOM:543526' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.21   Med: 0.25   Max: 0.72
Current: 0.71


During the past 5 years, Life Insurance of India's highest Yield on Cost was 0.72. The lowest was 0.21. And the median was 0.25.


BOM:543526's 5-Year Yield-on-Cost % is ranked worse than
91.29% of 402 companies
in the Insurance industry
Industry Median: 3.86 vs BOM:543526: 0.71

Competitive Comparison of Life Insurance of India's 5-Year Yield-on-Cost %

For the Insurance - Life subindustry, Life Insurance of India'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.


Life Insurance of India's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

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



Life Insurance of India 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 Life Insurance of India is calculated as

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

Life Insurance of India  (BOM:543526) 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.


Life Insurance of India 5-Year Yield-on-Cost % Related Terms

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


Life Insurance of India (BOM:543526) Business Description

Traded in Other Exchanges
Address
Jeevan Bima Marg, Central Office, Yogakshema, Nariman Point, Mumbai, MH, IND, 400021
Life Insurance Corporation of India is engaged in providing life insurance in India. The company offers diversified product portfolio covering various segments across individual products and approximately 178 group products.

Life Insurance of India (BOM:543526) Headlines

No Headlines