Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.51%.
YIELD ON COST (YOC)
2.51%
AOS now pays $1.44 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) | $47.98 | 3.00% |
| 5 years ago(2021-09-15) | $68.46 | 2.10% |
| 3 years ago(2023-09-06) | $71.85 | 2.00% |
| 1 year ago(2025-09-10) | $72.49 | 1.99% |
| Buying today(at $58.16) | $58.16 | 2.51% |
Projection: starting from today's 2.51% yield, assuming the dividend keeps compounding at 6.8% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.51%
In 3 years
3.06%
In 5 years
3.49%
In 10 years
4.85%
Try your own purchase price, dividend and growth rate for A. O. Smith Corporation (AOS).
Starting Yield
2.48%
Ending YOC
6.92%
Year 15 Dividend
$4.02
Cum. Dividends Recd.
$39.02
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.44 | N/A | 2.48% | $0.00 |
| Year 1 | $1.54 | +7.09% | 2.65% | $1.54 |
| Year 2 | $1.65 | +7.09% | 2.84% | $3.19 |
| Year 3 | $1.77 | +7.09% | 3.04% | $4.96 |
| Year 4 | $1.89 | +7.09% | 3.26% | $6.86 |
| Year 5 | $2.03 | +7.09% | 3.49% | $8.88 |
| Year 6 | $2.17 | +7.09% | 3.73% | $11.06 |
| Year 7 | $2.33 | +7.09% | 4.00% | $13.38 |
| Year 8 | $2.49 | +7.09% | 4.28% | $15.87 |
| Year 9 | $2.67 | +7.09% | 4.59% | $18.54 |
| Year 10 | $2.86 | +7.09% | 4.91% | $21.40 |
| Year 11 | $3.06 | +7.09% | 5.26% | $24.46 |
| Year 12 | $3.28 | +7.09% | 5.63% | $27.73 |
| Year 13 | $3.51 | +7.09% | 6.03% | $31.24 |
| Year 14 | $3.76 | +7.09% | 6.46% | $35.00 |
| Year 15 | $4.02 | +7.09% | 6.92% | $39.02 |
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