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Korean Reinsurance Co (XKRX:003690) 5-Year Yield-on-Cost % : 6.67 (As of May. 12, 2024)


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What is Korean Reinsurance Co 5-Year Yield-on-Cost %?

Korean Reinsurance Co's yield on cost for the quarter that ended in Dec. 2023 was 6.67.


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

XKRX:003690' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.53   Med: 3.07   Max: 8.5
Current: 6.67


During the past 13 years, Korean Reinsurance Co's highest Yield on Cost was 8.50. The lowest was 1.53. And the median was 3.07.


XKRX:003690's 5-Year Yield-on-Cost % is ranked better than
77.53% of 396 companies
in the Insurance industry
Industry Median: 3.91 vs XKRX:003690: 6.67

Competitive Comparison of Korean Reinsurance Co's 5-Year Yield-on-Cost %

For the Insurance - Reinsurance subindustry, Korean Reinsurance Co'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.


Korean Reinsurance Co's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

* The bar in red indicates where Korean Reinsurance Co's 5-Year Yield-on-Cost % falls into.



Korean Reinsurance Co 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 Korean Reinsurance Co is calculated as

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

Korean Reinsurance Co  (XKRX:003690) 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.


Korean Reinsurance Co 5-Year Yield-on-Cost % Related Terms

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Korean Reinsurance Co (XKRX:003690) Business Description

Traded in Other Exchanges
N/A
Address
68 Jongno 5 Gil, Jongno-gu, Seoul, KOR, 03151
Korean Reinsurance Co is a South Korean reinsurer that provides clients with reinsurance services and risk-management solutions. The company provides nonlife and life reinsurance products that include fire insurance, marine and aviation insurance, comprehensive and engineering reinsurance, motor insurance, guaranteed insurance, foreign casualty insurance, long-term insurance, international reinsurance solutions, life insurance, and health insurance. The company derives over half of its income from Asian regions including China, Japan, Hong Kong, and Taiwan. Korean Re also has operations in the Middle East, Africa, Europe, and the Americas.

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