Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.06%.
YIELD ON COST (YOC)
2.06%
AFL now pays $2.41 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(2016-08-30) | $37.14 | 6.49% |
| 5 years ago(2021-09-08) | $55.17 | 4.37% |
| 3 years ago(2023-08-29) | $74.66 | 3.23% |
| 1 year ago(2025-09-03) | $106.74 | 2.26% |
| Buying today(at $115.48) | $115.48 | 2.06% |
Projection: starting from today's 2.06% yield, assuming the dividend keeps compounding at 15.1% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.06%
In 3 years
3.14%
In 5 years
4.16%
In 10 years
8.42%
Try your own purchase price, dividend and growth rate for Aflac Incorporated (AFL).
Starting Yield
2.09%
Ending YOC
18.55%
Year 15 Dividend
$21.42
Cum. Dividends Recd.
$140.27
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.41 | N/A | 2.09% | $0.00 |
| Year 1 | $2.79 | +15.68% | 2.41% | $2.79 |
| Year 2 | $3.23 | +15.68% | 2.79% | $6.01 |
| Year 3 | $3.73 | +15.68% | 3.23% | $9.74 |
| Year 4 | $4.32 | +15.68% | 3.74% | $14.06 |
| Year 5 | $4.99 | +15.68% | 4.32% | $19.05 |
| Year 6 | $5.78 | +15.68% | 5.00% | $24.83 |
| Year 7 | $6.68 | +15.68% | 5.79% | $31.51 |
| Year 8 | $7.73 | +15.68% | 6.69% | $39.24 |
| Year 9 | $8.94 | +15.68% | 7.74% | $48.18 |
| Year 10 | $10.34 | +15.68% | 8.96% | $58.52 |
| Year 11 | $11.96 | +15.68% | 10.36% | $70.48 |
| Year 12 | $13.84 | +15.68% | 11.98% | $84.32 |
| Year 13 | $16.01 | +15.68% | 13.86% | $100.33 |
| Year 14 | $18.52 | +15.68% | 16.04% | $118.85 |
| Year 15 | $21.42 | +15.68% | 18.55% | $140.27 |
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
