Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 5.76%.
YIELD ON COST (YOC)
5.76%
BTI now pays $3.24 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(2016-08-18) | $63.66 | 5.09% |
| 5 years ago(2021-08-16) | $37.29 | 8.69% |
| 3 years ago(2023-08-17) | $31.70 | 10.22% |
| 1 year ago(2025-08-21) | $59.27 | 5.47% |
| Buying today(at $56.21) | $56.21 | 5.76% |
Projection: starting from today's 5.76% yield, assuming the dividend keeps compounding at its historical 3.0% rate. Boards set dividends each year, so actual figures will differ.
Today
5.76%
In 3 years
6.20%
In 5 years
6.52%
In 10 years
7.39%
Try your own purchase price, dividend and growth rate for British American Tobacco p.l.c. (BTI).
Starting Yield
5.76%
Ending YOC
8.95%
Year 15 Dividend
$5.03
Cum. Dividends Recd.
$61.97
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.24 | N/A | 5.76% | $0.00 |
| Year 1 | $3.34 | +2.98% | 5.94% | $3.34 |
| Year 2 | $3.44 | +2.98% | 6.11% | $6.77 |
| Year 3 | $3.54 | +2.98% | 6.29% | $10.31 |
| Year 4 | $3.64 | +2.98% | 6.48% | $13.95 |
| Year 5 | $3.75 | +2.98% | 6.68% | $17.71 |
| Year 6 | $3.86 | +2.98% | 6.87% | $21.57 |
| Year 7 | $3.98 | +2.98% | 7.08% | $25.55 |
| Year 8 | $4.10 | +2.98% | 7.29% | $29.65 |
| Year 9 | $4.22 | +2.98% | 7.51% | $33.87 |
| Year 10 | $4.35 | +2.98% | 7.73% | $38.21 |
| Year 11 | $4.48 | +2.98% | 7.96% | $42.69 |
| Year 12 | $4.61 | +2.98% | 8.20% | $47.30 |
| Year 13 | $4.75 | +2.98% | 8.44% | $52.04 |
| Year 14 | $4.89 | +2.98% | 8.70% | $56.93 |
| Year 15 | $5.03 | +2.98% | 8.95% | $61.97 |
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
