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Enact Holdings (Enact Holdings) 5-Year Yield-on-Cost %

: 2.17 (As of Today)
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Enact Holdings's yield on cost for the quarter that ended in Dec. 2023 was 2.17.


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

ACT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.52   Med: 2.05   Max: 2.45
Current: 2.17


During the past 5 years, Enact Holdings's highest Yield on Cost was 2.45. The lowest was 0.52. And the median was 2.05.


ACT's 5-Year Yield-on-Cost % is ranked worse than
75.62% of 402 companies
in the Insurance industry
Industry Median: 3.89 vs ACT: 2.17

Competitive Comparison

For the Insurance - Specialty subindustry, Enact 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.


Enact Holdings 5-Year Yield-on-Cost % Distribution

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

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



Enact 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 Enact Holdings is calculated as

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

Enact Holdings  (NAS:ACT) 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.


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

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


Enact Holdings (Enact Holdings) Business Description

Traded in Other Exchanges
N/A
Address
8325 Six Forks Road, Raleigh, NC, USA, 27615
Enact Holdings Inc is a private mortgage insurance company serving the United States housing finance market. The company is engaged in the business of writing and assuming residential mortgage guaranty insurance. Its product offerings include Primary mortgage insurance, which provides protection on individual loans at specified coverage percentages. Primary mortgage insurance is placed on individual loans at the time of origination and is typically delivered to the company on a loan-by-loan basis, and Pool mortgage insurance provides coverage on a finite set of individual loans identified by the pool policy.
Executives
Genworth Holdings, Inc. 10 percent owner 6620 WEST BROAD STREET, RICHMOND VA 23230
Jerome T Upton director GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Michael A Bless director C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202
Brian Gould officer: EVP & Chief Operations Officer 8325 SIX FORKS ROAD, RALEIGH NC 27615
Rohit Gupta director, officer: President and CEO C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Sheehan Daniel J Iv director 6620 WEST BROAD STREET, RICHMOND VA 23230
Hardin Dean Mitchell officer: EVP, CFO and Treasurer 8325 SIX FORKS ROAD, RALEIGH NC 27615
Michael Derstine officer: EVP and Chief Risk Officer 8325 SIX FORKS ROAD, RALEIGH NC 27615
Anne G Waleski director 1508 WEST AVENUE, RICHMOND VA 23220
Westley V Thompson director THE PHOENIX COMPANIES, INC., ONE AMERICAN ROW, HARTFORD CT 06102
Debra Still director 520 MADISON AVE, 32ND FL, C/O CHIMERA INVESTMENT CORPORATION, NEW YORK NY 10022
John D Fisk director C/O AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Restrepo Robert P Jr director
Dominic James Addesso director, other: Chairperson of the Board 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Thomas J Mcinerney director 6620 WEST BROAD STREET, RICHMOND VA 23230

Enact Holdings (Enact Holdings) Headlines

From GuruFocus

Enact Receives Ratings Upgrade from Moody's

By sperokesalga sperokesalga 03-01-2023

Enact Announces Neenu Kainth as Chief Customer Experience Officer

By GlobeNewswire GlobeNewswire 08-22-2022

Enact Receives Ratings Upgrade from S&P Global Ratings

By sperokesalga sperokesalga 02-16-2023

Enact Announces Quarterly Dividend

By sperokesalga sperokesalga 02-09-2023

Enact Reports Second Quarter 2023 Results

By Marketwired 08-01-2023

Enact Receives Ratings Upgrade from Fitch Ratings

By sperokesalga sperokesalga 04-25-2023

Enact Welcomes Jerome Upton to its Board of Directors

By sperokesalga sperokesalga 03-02-2023

Enact Announces an Increase to Quarterly Dividend

By sperokesalga sperokesalga 05-01-2023