Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 7.20%.
YIELD ON COST (YOC)
7.20%
ARE now pays $3.48 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(2016-08-09) | $112.71 | 3.09% |
| 5 years ago(2021-08-05) | $207.15 | 1.68% |
| 3 years ago(2023-08-08) | $122.49 | 2.84% |
| 1 year ago(2025-08-12) | $73.69 | 4.72% |
| Buying today(at $48.12) | $48.12 | 7.20% |
Projection: starting from today's 7.20% yield, assuming the dividend keeps compounding at its historical 4.8% rate. Boards set dividends each year, so actual figures will differ.
Today
7.20%
In 3 years
8.60%
In 5 years
9.68%
In 10 years
13.02%
Try your own purchase price, dividend and growth rate for Alexandria Real Estate Equities, Inc. (ARE).
Starting Yield
7.23%
Ending YOC
14.57%
Year 15 Dividend
$7.01
Cum. Dividends Recd.
$77.39
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.48 | N/A | 7.23% | $0.00 |
| Year 1 | $3.65 | +4.78% | 7.58% | $3.65 |
| Year 2 | $3.82 | +4.78% | 7.94% | $7.47 |
| Year 3 | $4.00 | +4.78% | 8.32% | $11.47 |
| Year 4 | $4.19 | +4.78% | 8.72% | $15.66 |
| Year 5 | $4.40 | +4.78% | 9.13% | $20.06 |
| Year 6 | $4.61 | +4.78% | 9.57% | $24.67 |
| Year 7 | $4.83 | +4.78% | 10.03% | $29.49 |
| Year 8 | $5.06 | +4.78% | 10.51% | $34.55 |
| Year 9 | $5.30 | +4.78% | 11.01% | $39.84 |
| Year 10 | $5.55 | +4.78% | 11.54% | $45.40 |
| Year 11 | $5.82 | +4.78% | 12.09% | $51.21 |
| Year 12 | $6.09 | +4.78% | 12.66% | $57.31 |
| Year 13 | $6.39 | +4.78% | 13.27% | $63.69 |
| Year 14 | $6.69 | +4.78% | 13.90% | $70.38 |
| Year 15 | $7.01 | +4.78% | 14.57% | $77.39 |
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
