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Jackson Financial (Jackson Financial) 5-Year Yield-on-Cost % : 3.69 (As of Apr. 28, 2024)


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What is Jackson Financial 5-Year Yield-on-Cost %?

Jackson Financial's yield on cost for the quarter that ended in Dec. 2023 was 3.69.


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

JXN' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.07   Med: 5.26   Max: 7.85
Current: 3.69


During the past 6 years, Jackson Financial's highest Yield on Cost was 7.85. The lowest was 1.07. And the median was 5.26.


JXN's 5-Year Yield-on-Cost % is ranked worse than
53.48% of 402 companies
in the Insurance industry
Industry Median: 3.86 vs JXN: 3.69

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

For the Insurance - Life subindustry, Jackson Financial'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.


Jackson Financial's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

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



Jackson Financial 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 Jackson Financial is calculated as

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

Jackson Financial  (NYSE:JXN) 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.


Jackson Financial 5-Year Yield-on-Cost % Related Terms

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


Jackson Financial (Jackson Financial) Business Description

Traded in Other Exchanges
Address
1 Corporate Way, Lansing, MI, USA, 48951
Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings comprise annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. It manages the business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments.
Executives
Scott Romine officer: President and CEO, JNLD 1 CORPORATE WAY, LANSING MI 48951
Don W Cummings officer: SVP, Controller and CAO C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Russell G Noles director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Christopher Raub officer: EVP and Chief Risk Officer 1 CORPORATE WAY, LANSING MI 48951
Gregory T Durant director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Plc Prudential 10 percent owner 1 ANGEL COURT, LONDON X0 EC2R 7AG
Paul Chadwick Myers officer: Vice Chair, JHLLC C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Carrie Chelko officer: EVP, GC and Secretary 1 CORPORATE WAY, LANSING MI 48951
Laura Louene Prieskorn director, officer: CEO and President C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Devkumar Dilip Ganguly officer: EVP & Chief Operating Officer C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Dan Hagan 10 percent owner PO BOX 1225, COLUMBIA MO 65205
Derek G Kirkland director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Lily Fu Claffee director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Steven A Kandarian director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Martin J Lippert director 200 PARK AVENUE, NEW YORK NY 10166