Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.45%.
YIELD ON COST (YOC)
2.45%
AWK now pays $3.38 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(2016-07-27) | $81.47 | 4.15% |
| 5 years ago(2021-07-29) | $170.73 | 1.98% |
| 3 years ago(2023-07-26) | $147.78 | 2.29% |
| 1 year ago(2025-07-31) | $140.24 | 2.41% |
| Buying today(at $138.09) | $138.09 | 2.45% |
Projection: starting from today's 2.45% yield, assuming the dividend keeps compounding at its historical 8.6% rate. Boards set dividends each year, so actual figures will differ.
Today
2.45%
In 3 years
3.37%
In 5 years
4.17%
In 10 years
7.11%
Try your own purchase price, dividend and growth rate for American Water Works Company, Inc. (AWK).
Starting Yield
2.45%
Ending YOC
8.44%
Year 15 Dividend
$11.65
Cum. Dividends Recd.
$104.45
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.38 | N/A | 2.45% | $0.00 |
| Year 1 | $3.67 | +8.60% | 2.66% | $3.67 |
| Year 2 | $3.99 | +8.60% | 2.89% | $7.66 |
| Year 3 | $4.33 | +8.60% | 3.14% | $11.99 |
| Year 4 | $4.70 | +8.60% | 3.40% | $16.69 |
| Year 5 | $5.11 | +8.60% | 3.70% | $21.79 |
| Year 6 | $5.54 | +8.60% | 4.02% | $27.34 |
| Year 7 | $6.02 | +8.60% | 4.36% | $33.36 |
| Year 8 | $6.54 | +8.60% | 4.74% | $39.90 |
| Year 9 | $7.10 | +8.60% | 5.14% | $47.00 |
| Year 10 | $7.71 | +8.60% | 5.59% | $54.71 |
| Year 11 | $8.38 | +8.60% | 6.07% | $63.09 |
| Year 12 | $9.10 | +8.60% | 6.59% | $72.19 |
| Year 13 | $9.88 | +8.60% | 7.15% | $82.07 |
| Year 14 | $10.73 | +8.60% | 7.77% | $92.79 |
| Year 15 | $11.65 | +8.60% | 8.44% | $104.45 |
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
