CVS Health Corporation (CVS) Yield on Cost (YOC): 2.71%
The yield on cost (YOC) for CVS Health Corporation (CVS) is 2.71%.
CVS Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
2.71%
Forward Yield on Cost Projections
If you buy CVS today at the current stock price of $98.11 with a yield of 2.71% and dividends continue to grow at the historical rate (5.9% CAGR), your YOC would be:
Current Yield
2.71%
YOC in 3 Years
3.61%
YOC in 5 Years
4.36%
YOC in 10 Years
7.01%
Interactive Yield on Cost Calculator
Project custom investment returns for CVS Health Corporation (CVS) based on your custom cost basis.
Starting Yield
2.71%
Ending YOC
6.38%
Year 15 Dividend
$6.26
Cum. Dividends Recd.
$64.90
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.66 | — | 2.71% | $0.00 |
| Year 1 | $2.82 | +5.87% | 2.87% | $2.82 |
| Year 2 | $2.98 | +5.87% | 3.04% | $5.80 |
| Year 3 | $3.16 | +5.87% | 3.22% | $8.95 |
| Year 4 | $3.34 | +5.87% | 3.41% | $12.30 |
| Year 5 | $3.54 | +5.87% | 3.61% | $15.83 |
| Year 6 | $3.75 | +5.87% | 3.82% | $19.58 |
| Year 7 | $3.97 | +5.87% | 4.04% | $23.54 |
| Year 8 | $4.20 | +5.87% | 4.28% | $27.74 |
| Year 9 | $4.44 | +5.87% | 4.53% | $32.19 |
| Year 10 | $4.71 | +5.87% | 4.80% | $36.89 |
| Year 11 | $4.98 | +5.87% | 5.08% | $41.87 |
| Year 12 | $5.27 | +5.87% | 5.38% | $47.15 |
| Year 13 | $5.58 | +5.87% | 5.69% | $52.73 |
| Year 14 | $5.91 | +5.87% | 6.03% | $58.64 |
| Year 15 | $6.26 | +5.87% | 6.38% | $64.90 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
CVS Health Corporation Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
CVS Health Corporation Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for CVS Health Corporation (CVS)?
- The yield on cost (YOC) for CVS stock is 2.71%.
About CVS Health Corporation
CVS Health Corporation is a prominent healthcare services provider operating across the United States. The company's Health Care Benefits division delivers a range of health insurance offerings, including traditional plans, voluntary coverage, and consumer-directed options, alongside associated services. Its diverse clientele spans employer organizations, private individuals, university students, part-time and hourly staff, various health plans, healthcare providers, government bodies, state-sponsored programs, labor unions, and individuals living abroad. Through its Pharmacy Services segment, CVS Health manages pharmacy benefits, offering comprehensive solutions such as designing and administering plans, managing drug formularies, overseeing retail pharmacy networks, and providing mail-order, specialty pharmacy, and infusion services. This segment also delivers clinical support and helps manage disease and medical expenditures. It serves a broad array of clients, including employers, insurance carriers, trade unions, government employee groups, health plans, prescription drug programs, Medicaid managed care organizations, and plans available on both public and private health insurance marketplaces, in addition to other health benefit plan sponsors and individual consumers. Operationally, this segment encompasses specialty retail pharmacies, specialty mail-order services, general mail-order dispensing pharmacies, compounding pharmacies, and facilities dedicated to infusion and enteral nutrition support. The Retail/LTC (Long-Term Care) segment is responsible for selling both prescription and over-the-counter medications, consumer health and beauty items, and personal care products. It also delivers healthcare services via its MinuteClinic walk-in medical clinics. Furthermore, this segment handles the distribution of prescription drugs and offers pharmacy consulting along with other supplementary services to long-term care facilities and various other care environments. As of December 31, 2021, CVS Health boasted approximately 9,900 retail outlets and 1,200 MinuteClinic locations. This network is complemented by online retail pharmacy platforms, LTC pharmacies, and on-site pharmacies. Originally established in 1963 and headquartered in Woonsocket, Rhode Island, the company was known as CVS Caremark Corporation before officially rebranding to CVS Health Corporation in September 2014.
- Sector
- Healthcare
- Industry
- Medical - Healthcare Plans
- CEO
- J. David Joyner