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American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) 5-Year Yield-on-Cost %

: 0.69 (As of Today)
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American Equity Investment Life Holding Co's yield on cost for the quarter that ended in Dec. 2023 was 0.69.


The historical rank and industry rank for American Equity Investment Life Holding Co's 5-Year Yield-on-Cost % or its related term are showing as below:

AEL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.58   Med: 0.89   Max: 2.55
Current: 0.69


During the past 13 years, American Equity Investment Life Holding Co's highest Yield on Cost was 2.55. The lowest was 0.58. And the median was 0.89.


AEL's 5-Year Yield-on-Cost % is ranked worse than
91.54% of 402 companies
in the Insurance industry
Industry Median: 3.9 vs AEL: 0.69

Competitive Comparison

For the Insurance - Life subindustry, American Equity Investment Life Holding 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.


American Equity Investment Life Holding Co 5-Year Yield-on-Cost % Distribution

For the Insurance industry and Financial Services sector, American Equity Investment Life Holding Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where American Equity Investment Life Holding Co's 5-Year Yield-on-Cost % falls into.



American Equity Investment Life Holding 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 American Equity Investment Life Holding Co is calculated as

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

American Equity Investment Life Holding Co  (NYSE:AEL) 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.


American Equity Investment Life Holding Co 5-Year Yield-on-Cost % Related Terms

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American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) Business Description

Traded in Other Exchanges
Address
6000 Westown Parkway, West Des Moines, IA, USA, 50266
American Equity Investment Life Holding Co is a financial services company. Its core business is selling fixed-index and fixed-rate annuity products through its subsidiaries, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The company is licensed to sell its products in 50 states and the District of Columbia. Its targeted clients are individuals aged 45-75 who are interested in accumulating tax-deferred savings or creating guaranteed lifetime income.
Executives
Aaron Boushek officer: Controller 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Jeffrey D Lorenzen officer: Sr. Vice President-Investments 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Axel Andre officer: Chief Financial Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Robert L Howe director 5000 WESTOWN PARKWAY, SUITE 440, WEST DES MOINES IA 50266
Anant Bhalla director, officer: President 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
James Louis Hamalainen officer: EVP & CCSO, AEILIC 6000 WESTOWN PKWY, WEST DES MOINES IA 50266
Dewayne Lummus officer: SVP & Chief Accounting Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266-9024
Michael E Hayes director 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Alan David Matula director 828 ST. CHARLES, NEW ORLEANS LA 70130
Kate Etinger officer: Chief People Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Nicholas P. Volpe officer: Chief Technology Officer 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Gerard D. Neugent director 6000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Ronald James Grensteiner officer: Vice President 5000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
Joyce Ann Chapman director 5000 WESTOWN PARKWAY, WEST DES MOINES IA 50266
North End Re (cayman) Spc 10 percent owner 18 FORUM LANE, 2ND FLOOR, CAMANA BAY, GRAND CAYMAN E9 KY-1102

American Equity Investment Life Holding Co (American Equity Investment Life Holding Co) Headlines