Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.61%.
YIELD ON COST (YOC)
2.61%
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(2016-07-20) | $163.25 | 6.00% |
| 5 years ago(2021-07-28) | $244.25 | 4.01% |
| 3 years ago(2023-07-19) | $232.05 | 4.22% |
| 1 year ago(2025-07-23) | $309.22 | 3.17% |
| Buying today(at $376.04) | $376.04 | 2.61% |
Projection: starting from today's 2.61% yield, assuming the dividend keeps compounding at its historical 8.3% rate. Boards set dividends each year, so actual figures will differ.
Today
2.61%
In 3 years
3.52%
In 5 years
4.31%
In 10 years
7.13%
Try your own purchase price, dividend and growth rate for Amgen Inc. (AMGN).
Starting Yield
2.61%
Ending YOC
8.58%
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 | 2.61% | $0.00 |
| Year 1 | $10.61 | +8.27% | 2.82% | $10.61 |
| Year 2 | $11.49 | +8.27% | 3.05% | $22.10 |
| Year 3 | $12.44 | +8.27% | 3.31% | $34.54 |
| Year 4 | $13.47 | +8.27% | 3.58% | $48.00 |
| Year 5 | $14.58 | +8.27% | 3.88% | $62.58 |
| Year 6 | $15.79 | +8.27% | 4.20% | $78.37 |
| Year 7 | $17.09 | +8.27% | 4.55% | $95.46 |
| Year 8 | $18.51 | +8.27% | 4.92% | $113.97 |
| Year 9 | $20.04 | +8.27% | 5.33% | $134.00 |
| Year 10 | $21.69 | +8.27% | 5.77% | $155.69 |
| Year 11 | $23.49 | +8.27% | 6.25% | $179.18 |
| Year 12 | $25.43 | +8.27% | 6.76% | $204.61 |
| Year 13 | $27.53 | +8.27% | 7.32% | $232.14 |
| Year 14 | $29.81 | +8.27% | 7.93% | $261.95 |
| Year 15 | $32.27 | +8.27% | 8.58% | $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
