Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.50%.
YIELD ON COST (YOC)
2.50%
AMGN now pays $9.80 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(2016-09-07) | $170.63 | 5.74% |
| 5 years ago(2021-09-15) | $218.13 | 4.49% |
| 3 years ago(2023-09-06) | $249.01 | 3.94% |
| 1 year ago(2025-09-10) | $278.51 | 3.52% |
| Buying today(at $391.27) | $391.27 | 2.50% |
Projection: starting from today's 2.50% yield, assuming the dividend keeps compounding at 7.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.50%
In 3 years
3.14%
In 5 years
3.65%
In 10 years
5.33%
Try your own purchase price, dividend and growth rate for Amgen Inc. (AMGN).
Starting Yield
2.50%
Ending YOC
8.25%
Year 15 Dividend
$32.27
Cum. Dividends Recd.
$294.22
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $9.80 | N/A | 2.50% | $0.00 |
| Year 1 | $10.61 | +8.27% | 2.71% | $10.61 |
| Year 2 | $11.49 | +8.27% | 2.94% | $22.10 |
| Year 3 | $12.44 | +8.27% | 3.18% | $34.54 |
| Year 4 | $13.47 | +8.27% | 3.44% | $48.00 |
| Year 5 | $14.58 | +8.27% | 3.73% | $62.58 |
| Year 6 | $15.79 | +8.27% | 4.03% | $78.37 |
| Year 7 | $17.09 | +8.27% | 4.37% | $95.46 |
| Year 8 | $18.51 | +8.27% | 4.73% | $113.97 |
| Year 9 | $20.04 | +8.27% | 5.12% | $134.00 |
| Year 10 | $21.69 | +8.27% | 5.54% | $155.69 |
| Year 11 | $23.49 | +8.27% | 6.00% | $179.18 |
| Year 12 | $25.43 | +8.27% | 6.50% | $204.61 |
| Year 13 | $27.53 | +8.27% | 7.04% | $232.14 |
| Year 14 | $29.81 | +8.27% | 7.62% | $261.95 |
| Year 15 | $32.27 | +8.27% | 8.25% | $294.22 |
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
