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The Cigna Group (BSP:C1IC34) 5-Year Yield-on-Cost % : 480.91 (As of Apr. 29, 2024)


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What is The Cigna Group 5-Year Yield-on-Cost %?

The Cigna Group's yield on cost for the quarter that ended in Dec. 2023 was 480.91.


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

BSP:C1IC34' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 9.07   Med: 13.61   Max: 852.93
Current: 480.91


During the past 13 years, The Cigna Group's highest Yield on Cost was 852.93. The lowest was 9.07. And the median was 13.61.


BSP:C1IC34's 5-Year Yield-on-Cost % is ranked better than
88.89% of 9 companies
in the Healthcare Plans industry
Industry Median: 3.21 vs BSP:C1IC34: 480.91

Competitive Comparison of The Cigna Group's 5-Year Yield-on-Cost %

For the Healthcare Plans subindustry, The Cigna Group'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.


The Cigna Group's 5-Year Yield-on-Cost % Distribution in the Healthcare Plans Industry

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

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



The Cigna Group 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 The Cigna Group is calculated as

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

The Cigna Group  (BSP:C1IC34) 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.


The Cigna Group 5-Year Yield-on-Cost % Related Terms

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The Cigna Group (BSP:C1IC34) Business Description

Traded in Other Exchanges
Address
900 Cottage Grove Road, Bloomfield, CT, USA, 06002
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 18 million U.S. medical members covered as of the end of June 2023.

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