Erie Indemnity Co (Erie Indemnity Co) 5-Year Yield-on-Cost %

: 1.78 (As of Today)

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Erie Indemnity Co's yield on cost for the quarter that ended in Dec. 2023 was 1.78.

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

ERIE' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.64 Med: 3.54 Max: 5.12
Current: 1.78

During the past 13 years, Erie Indemnity Co's highest Yield on Cost was 5.12. The lowest was 1.64. And the median was 3.54.

ERIE's 5-Year Yield-on-Cost % is ranked worse than
79.9% of 403 companies
in the Insurance industry
Industry Median: 3.85 vs ERIE: 1.78

Competitive Comparison

For the Insurance Brokers subindustry, Erie Indemnity 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.

Erie Indemnity Co 5-Year Yield-on-Cost % Distribution

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

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

Erie Indemnity 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 Erie Indemnity Co is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Erie Indemnity Co (NAS:ERIE) 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.

Erie Indemnity Co 5-Year Yield-on-Cost % Related Terms

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

Erie Indemnity Co (Erie Indemnity Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Erie Indemnity Co (NAS:ERIE) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

EI2:Germany

Address

100 Erie Insurance Place, Erie, PA, USA, 16530

Website

https://www.erieinsurance.com

Erie Indemnity Co primarily performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.

Executives

Marc Cipriani	officer: Senior Vice President	100 ERIE INSURANCE PLACE, ERIE PA 16530
Sean Dugan	officer: Executive Vice President	100 ERIE INSURANCE PLACE, ERIE PA 16530
Parthasarathy Srinivasa	officer: EVP, Chief Information Officer	100 ERIE INSURANCE PLACE, ERIE PA 16530
Jorie L Novacek	officer: SVP, Controller	100 ERIE INSURANCE PLACE, ERIE PA 16530
Thomas B Hagen	director	230 WEST 6TH STREET, ERIE PA 16507-1319
Eugene C Connell	director	785 HUNTINGTON DRIVE, ERIE PA 16505
Elizabeth A Vorsheck	director, 10 percent owner	6252 COMMERCIAL WAY PMB 140, BROOKSVILLE FL 34613
Brian W. Bolash	officer: SVP,Secretary,General Counsel	100 ERIE INSURANCE PLACE, ERIE PA 16530
Borneman J Ralph Jr	director	NATIONAL PENN BANCSHARES INC, PHILADELPHIA & READING AVENUES, BOYERTOWN PA 19512
Hudson Brian Arden Sr.	director	2407 PARK DRIVE, HARRISBURG PA 17110
Louis F Colaizzo	officer: Senior Vice President	100 ERIE INSURANCE PLACE, ERIE PA 16530
Salvatore Correnti	director	8518 SOUTHFIELDS CIRCLE, LUTHERVILLE MD 21093
Timothy G Necastro	officer: President & CEO, Designate	100 ERIE INSURANCE PL, ERIE PA 16530
Luann Datesh	director	333 OAK FOREST DRIVE, PITTSBURGH PA 15216
Robert C Wilburn	director	110 WASHINGTON AVENUE #1711, MIAMI BEACH FL 33139