Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.31%.
YIELD ON COST (YOC)
2.31%
AAP now pays $1.00 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-09-06) | $160.14 | 0.62% |
| 5 years ago(2021-09-08) | $200.18 | 0.50% |
| 3 years ago(2023-09-11) | $62.54 | 1.60% |
| 1 year ago(2025-09-04) | $60.06 | 1.67% |
| Buying today(at $43.38) | $43.38 | 2.31% |
Projection: starting from today's 2.31% yield, assuming the dividend keeps compounding at -20.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.31%
In 3 years
1.16%
In 5 years
0.73%
In 10 years
0.23%
Try your own purchase price, dividend and growth rate for Advance Auto Parts, Inc. (AAP).
Starting Yield
2.31%
Ending YOC
13.13%
Year 15 Dividend
$5.70
Cum. Dividends Recd.
$42.89
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.00 | N/A | 2.31% | $0.00 |
| Year 1 | $1.12 | +12.30% | 2.59% | $1.12 |
| Year 2 | $1.26 | +12.30% | 2.91% | $2.38 |
| Year 3 | $1.42 | +12.30% | 3.26% | $3.80 |
| Year 4 | $1.59 | +12.30% | 3.67% | $5.39 |
| Year 5 | $1.79 | +12.30% | 4.12% | $7.18 |
| Year 6 | $2.01 | +12.30% | 4.62% | $9.18 |
| Year 7 | $2.25 | +12.30% | 5.19% | $11.44 |
| Year 8 | $2.53 | +12.30% | 5.83% | $13.96 |
| Year 9 | $2.84 | +12.30% | 6.55% | $16.81 |
| Year 10 | $3.19 | +12.30% | 7.35% | $20.00 |
| Year 11 | $3.58 | +12.30% | 8.26% | $23.58 |
| Year 12 | $4.02 | +12.30% | 9.27% | $27.60 |
| Year 13 | $4.52 | +12.30% | 10.41% | $32.12 |
| Year 14 | $5.07 | +12.30% | 11.70% | $37.19 |
| Year 15 | $5.70 | +12.30% | 13.13% | $42.89 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
