Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.05%.
YIELD ON COST (YOC)
1.05%
AJG now pays $2.75 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) | $49.54 | 5.55% |
| 5 years ago(2021-09-08) | $144.50 | 1.90% |
| 3 years ago(2023-08-29) | $230.79 | 1.19% |
| 1 year ago(2025-09-03) | $303.70 | 0.91% |
| Buying today(at $251.70) | $251.70 | 1.05% |
Projection: starting from today's 1.05% yield, assuming the dividend keeps compounding at 7.7% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.05%
In 3 years
1.31%
In 5 years
1.53%
In 10 years
2.23%
Try your own purchase price, dividend and growth rate for Arthur J. Gallagher & Co. (AJG).
Starting Yield
1.09%
Ending YOC
3.29%
Year 15 Dividend
$8.29
Cum. Dividends Recd.
$78.09
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.75 | N/A | 1.09% | $0.00 |
| Year 1 | $2.96 | +7.63% | 1.18% | $2.96 |
| Year 2 | $3.19 | +7.63% | 1.27% | $6.15 |
| Year 3 | $3.43 | +7.63% | 1.36% | $9.57 |
| Year 4 | $3.69 | +7.63% | 1.47% | $13.26 |
| Year 5 | $3.97 | +7.63% | 1.58% | $17.24 |
| Year 6 | $4.27 | +7.63% | 1.70% | $21.51 |
| Year 7 | $4.60 | +7.63% | 1.83% | $26.11 |
| Year 8 | $4.95 | +7.63% | 1.97% | $31.06 |
| Year 9 | $5.33 | +7.63% | 2.12% | $36.39 |
| Year 10 | $5.74 | +7.63% | 2.28% | $42.13 |
| Year 11 | $6.17 | +7.63% | 2.45% | $48.31 |
| Year 12 | $6.65 | +7.63% | 2.64% | $54.95 |
| Year 13 | $7.15 | +7.63% | 2.84% | $62.10 |
| Year 14 | $7.70 | +7.63% | 3.06% | $69.80 |
| Year 15 | $8.29 | +7.63% | 3.29% | $78.09 |
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
