Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 14.68%.
YIELD ON COST (YOC)
14.68%
CGBD now pays $1.55 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 |
|---|---|---|
| 5 years ago(2021-10-06) | $13.47 | 11.51% |
| 3 years ago(2023-10-04) | $13.65 | 11.36% |
| 1 year ago(2025-10-03) | $12.50 | 12.40% |
| Buying today(at $10.54) | $10.54 | 14.68% |
Projection: starting from today's 14.68% yield, assuming the dividend keeps compounding at 4.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
14.68%
In 3 years
16.73%
In 5 years
18.25%
In 10 years
22.70%
Try your own purchase price, dividend and growth rate for Carlyle Secured Lending, Inc. (CGBD).
Starting Yield
14.71%
Ending YOC
17.23%
Year 15 Dividend
$1.82
Cum. Dividends Recd.
$25.32
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.55 | N/A | 14.71% | $0.00 |
| Year 1 | $1.57 | +1.06% | 14.87% | $1.57 |
| Year 2 | $1.58 | +1.06% | 15.03% | $3.15 |
| Year 3 | $1.60 | +1.06% | 15.19% | $4.75 |
| Year 4 | $1.62 | +1.06% | 15.35% | $6.37 |
| Year 5 | $1.63 | +1.06% | 15.51% | $8.00 |
| Year 6 | $1.65 | +1.06% | 15.67% | $9.65 |
| Year 7 | $1.67 | +1.06% | 15.84% | $11.32 |
| Year 8 | $1.69 | +1.06% | 16.01% | $13.01 |
| Year 9 | $1.70 | +1.06% | 16.18% | $14.71 |
| Year 10 | $1.72 | +1.06% | 16.35% | $16.43 |
| Year 11 | $1.74 | +1.06% | 16.52% | $18.17 |
| Year 12 | $1.76 | +1.06% | 16.70% | $19.93 |
| Year 13 | $1.78 | +1.06% | 16.87% | $21.71 |
| Year 14 | $1.80 | +1.06% | 17.05% | $23.51 |
| Year 15 | $1.82 | +1.06% | 17.23% | $25.32 |
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
