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Zimre Holdings (XZIM:ZIMR.ZW) 5-Year Yield-on-Cost % : 0.46 (As of May. 09, 2024)


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What is Zimre Holdings 5-Year Yield-on-Cost %?

Zimre Holdings's yield on cost for the quarter that ended in Dec. 2023 was 0.46.


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

XZIM:ZIMR.ZW' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.03   Med: 0.16   Max: 1300
Current: 0.46


During the past 8 years, Zimre Holdings's highest Yield on Cost was 1300.00. The lowest was 0.03. And the median was 0.16.


XZIM:ZIMR.ZW's 5-Year Yield-on-Cost % is ranked worse than
94.19% of 396 companies
in the Insurance industry
Industry Median: 3.885 vs XZIM:ZIMR.ZW: 0.46

Competitive Comparison of Zimre Holdings's 5-Year Yield-on-Cost %

For the Insurance - Reinsurance subindustry, Zimre 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.


Zimre Holdings's 5-Year Yield-on-Cost % Distribution in the Insurance Industry

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

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



Zimre 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 Zimre Holdings is calculated as

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

Zimre Holdings  (XZIM:ZIMR.ZW) 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.


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

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Zimre Holdings (XZIM:ZIMR.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Smatsatsa Office Park, 2nd Floor, D Block, P.O. Box 4839, Borrowdale, Stand Number 10667, Harare, ZWE
Zimre Holdings Ltd is a Zimbabwe-based investment holding company. The firm operates its business activities in five segments. The Reinsurance segment offers short-term reinsurance products and services to general insurance companies locally, regionally and internationally. The Life reassurance segment offers its services to life assurance companies and medical aid societies locally and regionally. The Property segment is engaged in leasing, developing, managing, selling and buying properties. General insurance offers short-term insurance products and services directly to policyholders locally. Life and Pension segment. The Reinsurance segment contributes to the majority of the company's revenue. Zimre has operations in Botswana, Malawi, Mozambique, South Africa, Zambia and Zimbabwe.

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