Coventry Health Care, (FRA:HCA) 5-Year Yield-on-Cost % : 0.00 (As of May. 19, 2024)

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What is Coventry Health Care, 5-Year Yield-on-Cost %?

Coventry Health Care,'s yield on cost for the quarter that ended in Mar. 2013 was 0.00.

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

FRA:HCA's 5-Year Yield-on-Cost % is not ranked ^*
in the Healthcare Plans industry.
Industry Median: 3.02
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Coventry Health Care,'s 5-Year Yield-on-Cost %

For the Healthcare Plans subindustry, Coventry Health Care,'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.

Coventry Health Care,'s 5-Year Yield-on-Cost % Distribution in the Healthcare Plans Industry

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

* The bar in red indicates where Coventry Health Care,'s 5-Year Yield-on-Cost % falls into.

Coventry Health Care, 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 Coventry Health Care, is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Coventry Health Care, (FRA:HCA) 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.

Coventry Health Care, 5-Year Yield-on-Cost % Related Terms

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Coventry Health Care, (FRA:HCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Coventry Health Care, Inc. (FRA:HCA) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

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Address

Website

Coventry Health Care, Inc. was incorporated under the laws of the State of Delaware on December 17, 1997 and is the successor to Coventry Corporation, which was incorporated on November 21, 1986. The Company provides risk and fee-based managed care products and services to a cross section of individuals, employer and government-funded groups, government agencies, and other insurance carriers and administrators. Its operations are segmented into three - Commercial Products, Government Programs and Workers' Compensation. The Commercial Products segment provides health plan commercial risk, commercial management services, Medicare Advantage Coordinated Care Plans, and Medicaid products. Its health plans offer commercial risk products, including health maintenance organization, preferred provider organization, and point of service products to individuals and employer groups. This segment also provides health insurance benefits under the Federal Employees Health Benefits Program; and administrative services only products, such as medical claims administration, pharmacy benefits management, and utilization management and quality assurance programs. In addition, it offers consumer-directed benefit options comprising health reimbursement and savings accounts to commercial customers; provider network rental services through a PPO network to national, regional, and local third-party administrators, as well as insurance carriers; and coordination of mental health and substance abuse treatment services. The Government Programs segment offers Medicare Part D program that provides access to prescription drug coverage for eligible beneficiaries; and comprehensive health benefits on a risk basis to members participating in the Medicare Advantage CCP and Medicaid programs. Its Workers Compensation segment offers fee-based managed care services, such as provider network access, bill review, pharmacy benefit management, durable medical equipment and ancillary services, and care management services to underwriters and administrators of workers compensation insurance. The company serves individuals, employer and government-funded groups, government agencies, and other insurance carriers and administrators through direct sales staff, and independent insurance brokers and agents.