Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.85%.
YIELD ON COST (YOC)
1.85%
BAC now pays $1.16 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) | $15.70 | 7.39% |
| 5 years ago(2021-09-15) | $40.14 | 2.89% |
| 3 years ago(2023-09-06) | $28.39 | 4.09% |
| 1 year ago(2025-09-10) | $50.13 | 2.31% |
| Buying today(at $62.29) | $62.29 | 1.85% |
Projection: starting from today's 1.85% yield, assuming the dividend keeps compounding at 8.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.85%
In 3 years
2.36%
In 5 years
2.78%
In 10 years
4.18%
Try your own purchase price, dividend and growth rate for Bank of America Corporation (BAC).
Starting Yield
1.86%
Ending YOC
6.29%
Year 15 Dividend
$3.92
Cum. Dividends Recd.
$35.38
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.16 | N/A | 1.86% | $0.00 |
| Year 1 | $1.26 | +8.45% | 2.02% | $1.26 |
| Year 2 | $1.36 | +8.45% | 2.19% | $2.62 |
| Year 3 | $1.48 | +8.45% | 2.38% | $4.10 |
| Year 4 | $1.60 | +8.45% | 2.58% | $5.71 |
| Year 5 | $1.74 | +8.45% | 2.79% | $7.45 |
| Year 6 | $1.89 | +8.45% | 3.03% | $9.33 |
| Year 7 | $2.05 | +8.45% | 3.29% | $11.38 |
| Year 8 | $2.22 | +8.45% | 3.56% | $13.60 |
| Year 9 | $2.41 | +8.45% | 3.86% | $16.01 |
| Year 10 | $2.61 | +8.45% | 4.19% | $18.62 |
| Year 11 | $2.83 | +8.45% | 4.55% | $21.45 |
| Year 12 | $3.07 | +8.45% | 4.93% | $24.52 |
| Year 13 | $3.33 | +8.45% | 5.35% | $27.85 |
| Year 14 | $3.61 | +8.45% | 5.80% | $31.46 |
| Year 15 | $3.92 | +8.45% | 6.29% | $35.38 |
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
