Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 12.67%.
YIELD ON COST (YOC)
12.67%
BIT now pays $1.48 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(2016-09-09) | $17.10 | 8.65% |
| 5 years ago(2021-09-13) | $19.15 | 7.73% |
| 3 years ago(2023-09-08) | $14.79 | 10.01% |
| 1 year ago(2025-09-12) | $13.79 | 10.73% |
| Buying today(at $11.23) | $11.23 | 12.67% |
Projection: starting from today's 12.67% yield, assuming the dividend keeps compounding at -0.1% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
12.67%
In 3 years
12.65%
In 5 years
12.63%
In 10 years
12.60%
Try your own purchase price, dividend and growth rate for BlackRock Multi-Sector Income Trust (BIT).
Starting Yield
13.18%
Ending YOC
13.10%
Year 15 Dividend
$1.47
Cum. Dividends Recd.
$22.13
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.48 | N/A | 13.18% | $0.00 |
| Year 1 | $1.48 | -0.04% | 13.17% | $1.48 |
| Year 2 | $1.48 | -0.04% | 13.17% | $2.96 |
| Year 3 | $1.48 | -0.04% | 13.16% | $4.44 |
| Year 4 | $1.48 | -0.04% | 13.16% | $5.91 |
| Year 5 | $1.48 | -0.04% | 13.15% | $7.39 |
| Year 6 | $1.48 | -0.04% | 13.15% | $8.87 |
| Year 7 | $1.48 | -0.04% | 13.14% | $10.34 |
| Year 8 | $1.48 | -0.04% | 13.14% | $11.82 |
| Year 9 | $1.47 | -0.04% | 13.13% | $13.29 |
| Year 10 | $1.47 | -0.04% | 13.13% | $14.77 |
| Year 11 | $1.47 | -0.04% | 13.12% | $16.24 |
| Year 12 | $1.47 | -0.04% | 13.12% | $17.71 |
| Year 13 | $1.47 | -0.04% | 13.11% | $19.19 |
| Year 14 | $1.47 | -0.04% | 13.11% | $20.66 |
| Year 15 | $1.47 | -0.04% | 13.10% | $22.13 |
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
