Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.97%.
YIELD ON COST (YOC)
3.97%
AMT now pays $6.98 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(2016-09-09) | $110.19 | 6.33% |
| 5 years ago(2021-09-07) | $299.22 | 2.33% |
| 3 years ago(2023-09-08) | $180.89 | 3.86% |
| 1 year ago(2025-09-02) | $200.49 | 3.48% |
| Buying today(at $177.66) | $177.66 | 3.97% |
Projection: starting from today's 3.97% yield, assuming the dividend keeps compounding at 7.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.97%
In 3 years
4.93%
In 5 years
5.70%
In 10 years
8.19%
Try your own purchase price, dividend and growth rate for American Tower Corporation (AMT).
Starting Yield
3.93%
Ending YOC
14.69%
Year 15 Dividend
$26.10
Cum. Dividends Recd.
$227.14
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $6.98 | N/A | 3.93% | $0.00 |
| Year 1 | $7.62 | +9.19% | 4.29% | $7.62 |
| Year 2 | $8.32 | +9.19% | 4.68% | $15.94 |
| Year 3 | $9.09 | +9.19% | 5.11% | $25.03 |
| Year 4 | $9.92 | +9.19% | 5.58% | $34.95 |
| Year 5 | $10.83 | +9.19% | 6.10% | $45.79 |
| Year 6 | $11.83 | +9.19% | 6.66% | $57.61 |
| Year 7 | $12.92 | +9.19% | 7.27% | $70.53 |
| Year 8 | $14.10 | +9.19% | 7.94% | $84.63 |
| Year 9 | $15.40 | +9.19% | 8.67% | $100.03 |
| Year 10 | $16.81 | +9.19% | 9.46% | $116.85 |
| Year 11 | $18.36 | +9.19% | 10.33% | $135.21 |
| Year 12 | $20.05 | +9.19% | 11.28% | $155.25 |
| Year 13 | $21.89 | +9.19% | 12.32% | $177.14 |
| Year 14 | $23.90 | +9.19% | 13.45% | $201.04 |
| Year 15 | $26.10 | +9.19% | 14.69% | $227.14 |
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
