Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.87%.
YIELD ON COST (YOC)
3.87%
BKH now pays $2.76 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(2016-08-05) | $61.02 | 4.52% |
| 5 years ago(2021-08-03) | $69.93 | 3.95% |
| 3 years ago(2023-08-04) | $56.89 | 4.85% |
| 1 year ago(2025-07-29) | $56.53 | 4.88% |
| Buying today(at $71.90) | $71.90 | 3.87% |
Projection: starting from today's 3.87% yield, assuming the dividend keeps compounding at its historical 4.5% rate. Boards set dividends each year, so actual figures will differ.
Today
3.87%
In 3 years
4.57%
In 5 years
5.11%
In 10 years
6.74%
Try your own purchase price, dividend and growth rate for Black Hills Corporation (BKH).
Starting Yield
3.84%
Ending YOC
7.43%
Year 15 Dividend
$5.34
Cum. Dividends Recd.
$59.95
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.76 | N/A | 3.84% | $0.00 |
| Year 1 | $2.88 | +4.50% | 4.01% | $2.88 |
| Year 2 | $3.01 | +4.50% | 4.19% | $5.90 |
| Year 3 | $3.15 | +4.50% | 4.38% | $9.05 |
| Year 4 | $3.29 | +4.50% | 4.58% | $12.34 |
| Year 5 | $3.44 | +4.50% | 4.78% | $15.78 |
| Year 6 | $3.59 | +4.50% | 5.00% | $19.37 |
| Year 7 | $3.76 | +4.50% | 5.22% | $23.13 |
| Year 8 | $3.92 | +4.50% | 5.46% | $27.05 |
| Year 9 | $4.10 | +4.50% | 5.70% | $31.16 |
| Year 10 | $4.29 | +4.50% | 5.96% | $35.44 |
| Year 11 | $4.48 | +4.50% | 6.23% | $39.92 |
| Year 12 | $4.68 | +4.50% | 6.51% | $44.60 |
| Year 13 | $4.89 | +4.50% | 6.80% | $49.49 |
| Year 14 | $5.11 | +4.50% | 7.11% | $54.60 |
| Year 15 | $5.34 | +4.50% | 7.43% | $59.95 |
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
