Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.76%.
YIELD ON COST (YOC)
3.76%
BMY now pays $2.51 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(2016-08-30) | $57.24 | 4.39% |
| 5 years ago(2021-09-08) | $64.92 | 3.87% |
| 3 years ago(2023-08-29) | $62.85 | 3.99% |
| 1 year ago(2025-09-03) | $47.50 | 5.28% |
| Buying today(at $64.69) | $64.69 | 3.76% |
Projection: starting from today's 3.76% yield, assuming the dividend keeps compounding at 13.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.76%
In 3 years
5.56%
In 5 years
7.22%
In 10 years
13.89%
Try your own purchase price, dividend and growth rate for Bristol-Myers Squibb Company (BMY).
Starting Yield
3.88%
Ending YOC
4.93%
Year 15 Dividend
$3.19
Cum. Dividends Recd.
$42.88
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.51 | N/A | 3.88% | $0.00 |
| Year 1 | $2.55 | +1.61% | 3.94% | $2.55 |
| Year 2 | $2.59 | +1.61% | 4.01% | $5.14 |
| Year 3 | $2.63 | +1.61% | 4.07% | $7.78 |
| Year 4 | $2.68 | +1.61% | 4.14% | $10.45 |
| Year 5 | $2.72 | +1.61% | 4.20% | $13.17 |
| Year 6 | $2.76 | +1.61% | 4.27% | $15.93 |
| Year 7 | $2.81 | +1.61% | 4.34% | $18.74 |
| Year 8 | $2.85 | +1.61% | 4.41% | $21.59 |
| Year 9 | $2.90 | +1.61% | 4.48% | $24.49 |
| Year 10 | $2.94 | +1.61% | 4.55% | $27.43 |
| Year 11 | $2.99 | +1.61% | 4.63% | $30.43 |
| Year 12 | $3.04 | +1.61% | 4.70% | $33.47 |
| Year 13 | $3.09 | +1.61% | 4.78% | $36.56 |
| Year 14 | $3.14 | +1.61% | 4.85% | $39.69 |
| Year 15 | $3.19 | +1.61% | 4.93% | $42.88 |
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
