Conduit Capital (JSE:CND) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 10, 2024)

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What is Conduit Capital 5-Year Yield-on-Cost %?

Conduit Capital's yield on cost for the quarter that ended in Dec. 2021 was 0.00.

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

JSE:CND's 5-Year Yield-on-Cost % is not ranked ^*
in the Insurance industry.
Industry Median: 3.975
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Conduit Capital's 5-Year Yield-on-Cost %

For the Insurance - Diversified subindustry, Conduit Capital'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.

Conduit Capital's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

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

Conduit Capital 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 Conduit Capital is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Conduit Capital (JSE:CND) 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.

Conduit Capital 5-Year Yield-on-Cost % Related Terms

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Conduit Capital (JSE:CND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Conduit Capital Ltd (JSE:CND) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Bruton Road, Building B, Nicol Main Office Park, Bryanston, Sandton, ZAF, 2191

Website

http://www.conduitcapital.co.za

Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. It serves in two segments: Insurance and Risk, and Investment . The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, and Motor.