Centene Corporation (CNC) Yield on Cost (YOC): N/A
The yield on cost (YOC) for Centene Corporation (CNC) is N/A.
CNC Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
N/A
Interactive Yield on Cost Calculator
Project custom investment returns for Centene Corporation (CNC) based on your custom cost basis.
Starting Yield
3.09%
Ending YOC
9.81%
Year 15 Dividend
$6.34
Cum. Dividends Recd.
$58.65
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.00 | — | 3.09% | $0.00 |
| Year 1 | $2.16 | +8.00% | 3.34% | $2.16 |
| Year 2 | $2.33 | +8.00% | 3.61% | $4.49 |
| Year 3 | $2.52 | +8.00% | 3.90% | $7.01 |
| Year 4 | $2.72 | +8.00% | 4.21% | $9.73 |
| Year 5 | $2.94 | +8.00% | 4.54% | $12.67 |
| Year 6 | $3.17 | +8.00% | 4.91% | $15.85 |
| Year 7 | $3.43 | +8.00% | 5.30% | $19.27 |
| Year 8 | $3.70 | +8.00% | 5.73% | $22.98 |
| Year 9 | $4.00 | +8.00% | 6.18% | $26.97 |
| Year 10 | $4.32 | +8.00% | 6.68% | $31.29 |
| Year 11 | $4.66 | +8.00% | 7.21% | $35.95 |
| Year 12 | $5.04 | +8.00% | 7.79% | $40.99 |
| Year 13 | $5.44 | +8.00% | 8.41% | $46.43 |
| Year 14 | $5.87 | +8.00% | 9.09% | $52.30 |
| Year 15 | $6.34 | +8.00% | 9.81% | $58.65 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
Centene Corporation Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
About Centene Corporation
Centene Corporation functions as a diverse, multinational healthcare organization, primarily dedicated to delivering a comprehensive range of programs and services to underinsured and uninsured individuals throughout the United States. Its Managed Care division provides extensive health plan coverage for people enrolled in various government-sponsored initiatives. These initiatives include Medicaid, the State Children's Health Insurance Program (SCHIP), long-term services and support, foster care, and specialized Medicare-Medicaid plans that cater to individuals dually eligible for both programs, as well as aged, blind, or disabled populations. The broad spectrum of benefits within these health plans encompasses primary and specialty physician care, inpatient and outpatient hospital services, emergency and urgent care, prenatal support, laboratory and X-ray diagnostics, and home-based primary care. Complementary services feature transportation assistance, vision and dental care, telehealth access, immunizations, specialty pharmacy, therapy, social work, nurse advisory support, and care coordination. Additionally, members are covered for prescriptions, limited over-the-counter medications, medical equipment, and essential behavioral health and substance abuse services. This segment also extends its offerings to commercial healthcare products for individuals and employer groups of various sizes. Centene's Specialty Services segment delivers a distinct set of solutions, including pharmacy benefits management (PBM), 24/7 nurse advice lines and after-hours support, vision and dental services, and staffing provisions for correctional systems and other government agencies. This division also serves beneficiaries eligible for the Military Health System. Its clientele for these specialized services spans state programs, correctional institutions, healthcare organizations, employer groups, and other commercial entities. The company delivers its healthcare services through an expansive network comprising primary and specialty care physicians, hospitals, and various ancillary providers. Established in 1984, Centene Corporation is headquartered in St. Louis, Missouri.
- Sector
- Healthcare
- Industry
- Medical - Healthcare Plans
- CEO
- Sarah London