Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.40%.
YIELD ON COST (YOC)
1.40%
BNY now pays $2.27 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(2016-09-07) | $41.29 | 5.50% |
| 5 years ago(2021-09-15) | $52.07 | 4.36% |
| 3 years ago(2023-09-06) | $44.68 | 5.08% |
| 1 year ago(2025-09-10) | $104.00 | 2.18% |
| Buying today(at $150.15) | $150.15 | 1.40% |
Projection: starting from today's 1.40% yield, assuming the dividend keeps compounding at 5.2% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.40%
In 3 years
1.63%
In 5 years
1.80%
In 10 years
2.32%
Try your own purchase price, dividend and growth rate for Bank of New York Mellon Corp (BNY).
Starting Yield
1.51%
Ending YOC
3.63%
Year 15 Dividend
$5.46
Cum. Dividends Recd.
$56.10
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.27 | N/A | 1.51% | $0.00 |
| Year 1 | $2.41 | +6.02% | 1.60% | $2.41 |
| Year 2 | $2.55 | +6.02% | 1.70% | $4.96 |
| Year 3 | $2.71 | +6.02% | 1.80% | $7.66 |
| Year 4 | $2.87 | +6.02% | 1.91% | $10.53 |
| Year 5 | $3.04 | +6.02% | 2.03% | $13.57 |
| Year 6 | $3.22 | +6.02% | 2.15% | $16.80 |
| Year 7 | $3.42 | +6.02% | 2.28% | $20.21 |
| Year 8 | $3.62 | +6.02% | 2.41% | $23.84 |
| Year 9 | $3.84 | +6.02% | 2.56% | $27.68 |
| Year 10 | $4.07 | +6.02% | 2.71% | $31.75 |
| Year 11 | $4.32 | +6.02% | 2.88% | $36.07 |
| Year 12 | $4.58 | +6.02% | 3.05% | $40.65 |
| Year 13 | $4.85 | +6.02% | 3.23% | $45.50 |
| Year 14 | $5.15 | +6.02% | 3.43% | $50.65 |
| Year 15 | $5.46 | +6.02% | 3.63% | $56.10 |
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
