Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 13.38%.
YIELD ON COST (YOC)
13.38%
BGT now pays $1.44 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(2016-08-04) | $13.17 | 10.93% |
| 5 years ago(2021-08-06) | $13.05 | 11.03% |
| 3 years ago(2023-08-01) | $11.99 | 12.01% |
| 1 year ago(2025-08-05) | $12.49 | 11.53% |
| Buying today(at $10.82) | $10.82 | 13.38% |
Projection: starting from today's 13.38% yield, assuming the dividend keeps compounding at its historical 9.8% rate. Boards set dividends each year, so actual figures will differ.
Today
13.38%
In 3 years
24.77%
In 5 years
37.36%
In 10 years
104.33%
Try your own purchase price, dividend and growth rate for BlackRock Floating Rate Income Trust (BGT).
Starting Yield
13.31%
Ending YOC
54.17%
Year 15 Dividend
$5.86
Cum. Dividends Recd.
$49.49
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.44 | N/A | 13.31% | $0.00 |
| Year 1 | $1.58 | +9.81% | 14.61% | $1.58 |
| Year 2 | $1.74 | +9.81% | 16.05% | $3.32 |
| Year 3 | $1.91 | +9.81% | 17.62% | $5.22 |
| Year 4 | $2.09 | +9.81% | 19.35% | $7.32 |
| Year 5 | $2.30 | +9.81% | 21.25% | $9.62 |
| Year 6 | $2.52 | +9.81% | 23.33% | $12.14 |
| Year 7 | $2.77 | +9.81% | 25.62% | $14.91 |
| Year 8 | $3.04 | +9.81% | 28.14% | $17.96 |
| Year 9 | $3.34 | +9.81% | 30.90% | $21.30 |
| Year 10 | $3.67 | +9.81% | 33.93% | $24.97 |
| Year 11 | $4.03 | +9.81% | 37.26% | $29.00 |
| Year 12 | $4.43 | +9.81% | 40.91% | $33.43 |
| Year 13 | $4.86 | +9.81% | 44.92% | $38.29 |
| Year 14 | $5.34 | +9.81% | 49.33% | $43.63 |
| Year 15 | $5.86 | +9.81% | 54.17% | $49.49 |
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
