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Wethaq Takaful Insurance Co KCSC (KUW:WETHAQ) 5-Year Yield-on-Cost % : 0.00 (As of May. 26, 2024)


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What is Wethaq Takaful Insurance Co KCSC 5-Year Yield-on-Cost %?

Wethaq Takaful Insurance Co KCSC's yield on cost for the quarter that ended in Mar. 2024 was 0.00.


The historical rank and industry rank for Wethaq Takaful Insurance Co KCSC's 5-Year Yield-on-Cost % or its related term are showing as below:



KUW:WETHAQ's 5-Year Yield-on-Cost % is not ranked *
in the Insurance industry.
Industry Median: 3.92
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Wethaq Takaful Insurance Co KCSC's 5-Year Yield-on-Cost %

For the Insurance - Diversified subindustry, Wethaq Takaful Insurance Co KCSC'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.


Wethaq Takaful Insurance Co KCSC's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

* The bar in red indicates where Wethaq Takaful Insurance Co KCSC's 5-Year Yield-on-Cost % falls into.



Wethaq Takaful Insurance Co KCSC 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 Wethaq Takaful Insurance Co KCSC is calculated as

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

Wethaq Takaful Insurance Co KCSC  (KUW:WETHAQ) 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.


Wethaq Takaful Insurance Co KCSC 5-Year Yield-on-Cost % Related Terms

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


Wethaq Takaful Insurance Co KCSC (KUW:WETHAQ) Business Description

Traded in Other Exchanges
N/A
Address
Khaled Bin Al Waleed Street, P.O. Box 371 City Tower, Sharq, 11 & 12 & Ground Floors, Safat, Kuwait City, KWT, 13004
Wethaq Takaful Insurance Co KCSC is engaged in the takaful, mutual, and retakaful insurance business. The company's core business activities are categorized into two key segments - Investment and Takaful Insurance. The majority of its revenue is derived from the Takaful Insurance segment. Its product portfolio comprises motors insurance, fire and property, construction and engineering, liabilities, health and life, financial, marine, and aviation insurance.

Wethaq Takaful Insurance Co KCSC (KUW:WETHAQ) Headlines

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