Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.94%.
YIELD ON COST (YOC)
3.94%
BEN now pays $1.31 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(2016-07-26) | $34.59 | 3.79% |
| 5 years ago(2021-07-22) | $29.44 | 4.45% |
| 3 years ago(2023-07-25) | $29.28 | 4.47% |
| 1 year ago(2025-07-29) | $24.58 | 5.33% |
| Buying today(at $33.33) | $33.33 | 3.94% |
Projection: starting from today's 3.94% yield, assuming the dividend keeps compounding at its historical 3.5% rate. Boards set dividends each year, so actual figures will differ.
Today
3.94%
In 3 years
4.51%
In 5 years
4.93%
In 10 years
6.15%
Try your own purchase price, dividend and growth rate for Franklin Resources, Inc. (BEN).
Starting Yield
3.93%
Ending YOC
6.55%
Year 15 Dividend
$2.18
Cum. Dividends Recd.
$26.07
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.31 | N/A | 3.93% | $0.00 |
| Year 1 | $1.36 | +3.46% | 4.07% | $1.36 |
| Year 2 | $1.40 | +3.46% | 4.21% | $2.76 |
| Year 3 | $1.45 | +3.46% | 4.35% | $4.21 |
| Year 4 | $1.50 | +3.46% | 4.50% | $5.71 |
| Year 5 | $1.55 | +3.46% | 4.66% | $7.26 |
| Year 6 | $1.61 | +3.46% | 4.82% | $8.87 |
| Year 7 | $1.66 | +3.46% | 4.99% | $10.53 |
| Year 8 | $1.72 | +3.46% | 5.16% | $12.25 |
| Year 9 | $1.78 | +3.46% | 5.34% | $14.03 |
| Year 10 | $1.84 | +3.46% | 5.52% | $15.87 |
| Year 11 | $1.90 | +3.46% | 5.71% | $17.77 |
| Year 12 | $1.97 | +3.46% | 5.91% | $19.75 |
| Year 13 | $2.04 | +3.46% | 6.12% | $21.78 |
| Year 14 | $2.11 | +3.46% | 6.33% | $23.89 |
| Year 15 | $2.18 | +3.46% | 6.55% | $26.07 |
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
