Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.75%.
YIELD ON COST (YOC)
0.75%
CP now pays $0.68 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(2016-08-02) | $29.33 | 2.32% |
| 5 years ago(2021-08-10) | $72.21 | 0.94% |
| 3 years ago(2023-08-11) | $81.17 | 0.84% |
| 1 year ago(2025-08-05) | $75.10 | 0.91% |
| Buying today(at $91.62) | $91.62 | 0.75% |
Projection: starting from today's 0.75% yield, assuming the dividend keeps compounding at its historical 3.5% rate. Boards set dividends each year, so actual figures will differ.
Today
0.75%
In 3 years
0.78%
In 5 years
0.80%
In 10 years
0.86%
Try your own purchase price, dividend and growth rate for Canadian Pacific Kansas City Ltd. (CP).
Starting Yield
0.74%
Ending YOC
1.25%
Year 15 Dividend
$1.15
Cum. Dividends Recd.
$13.64
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.68 | N/A | 0.74% | $0.00 |
| Year 1 | $0.70 | +3.55% | 0.77% | $0.70 |
| Year 2 | $0.73 | +3.55% | 0.80% | $1.43 |
| Year 3 | $0.76 | +3.55% | 0.82% | $2.19 |
| Year 4 | $0.78 | +3.55% | 0.85% | $2.97 |
| Year 5 | $0.81 | +3.55% | 0.88% | $3.78 |
| Year 6 | $0.84 | +3.55% | 0.91% | $4.62 |
| Year 7 | $0.87 | +3.55% | 0.95% | $5.49 |
| Year 8 | $0.90 | +3.55% | 0.98% | $6.38 |
| Year 9 | $0.93 | +3.55% | 1.02% | $7.32 |
| Year 10 | $0.96 | +3.55% | 1.05% | $8.28 |
| Year 11 | $1.00 | +3.55% | 1.09% | $9.28 |
| Year 12 | $1.03 | +3.55% | 1.13% | $10.31 |
| Year 13 | $1.07 | +3.55% | 1.17% | $11.38 |
| Year 14 | $1.11 | +3.55% | 1.21% | $12.49 |
| Year 15 | $1.15 | +3.55% | 1.25% | $13.64 |
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