Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.80%.
YIELD ON COST (YOC)
1.80%
BAC now pays $1.12 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(2016-07-25) | $14.37 | 7.79% |
| 5 years ago(2021-07-21) | $38.46 | 2.91% |
| 3 years ago(2023-07-24) | $32.65 | 3.43% |
| 1 year ago(2025-07-28) | $48.23 | 2.32% |
| Buying today(at $62.05) | $62.05 | 1.80% |
Projection: starting from today's 1.80% yield, assuming the dividend keeps compounding at its historical 8.4% rate. Boards set dividends each year, so actual figures will differ.
Today
1.80%
In 3 years
2.50%
In 5 years
3.10%
In 10 years
5.34%
Try your own purchase price, dividend and growth rate for Bank of America Corporation (BAC).
Starting Yield
1.80%
Ending YOC
6.09%
Year 15 Dividend
$3.78
Cum. Dividends Recd.
$34.16
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.12 | N/A | 1.80% | $0.00 |
| Year 1 | $1.21 | +8.45% | 1.96% | $1.21 |
| Year 2 | $1.32 | +8.45% | 2.12% | $2.53 |
| Year 3 | $1.43 | +8.45% | 2.30% | $3.96 |
| Year 4 | $1.55 | +8.45% | 2.50% | $5.51 |
| Year 5 | $1.68 | +8.45% | 2.71% | $7.19 |
| Year 6 | $1.82 | +8.45% | 2.94% | $9.01 |
| Year 7 | $1.98 | +8.45% | 3.18% | $10.99 |
| Year 8 | $2.14 | +8.45% | 3.45% | $13.13 |
| Year 9 | $2.32 | +8.45% | 3.75% | $15.46 |
| Year 10 | $2.52 | +8.45% | 4.06% | $17.98 |
| Year 11 | $2.73 | +8.45% | 4.41% | $20.71 |
| Year 12 | $2.96 | +8.45% | 4.78% | $23.67 |
| Year 13 | $3.22 | +8.45% | 5.18% | $26.89 |
| Year 14 | $3.49 | +8.45% | 5.62% | $30.38 |
| Year 15 | $3.78 | +8.45% | 6.09% | $34.16 |
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
