Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.01%.
YIELD ON COST (YOC)
2.01%
DG now pays $2.36 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(2016-07-27) | $95.07 | 2.48% |
| 5 years ago(2021-07-22) | $225.59 | 1.05% |
| 3 years ago(2023-07-26) | $164.88 | 1.43% |
| 1 year ago(2025-07-24) | $107.75 | 2.19% |
| Buying today(at $117.23) | $117.23 | 2.01% |
Projection: starting from today's 2.01% yield, assuming the dividend keeps compounding at its historical 11.0% rate. Boards set dividends each year, so actual figures will differ.
Today
2.01%
In 3 years
2.93%
In 5 years
3.77%
In 10 years
7.06%
Try your own purchase price, dividend and growth rate for Dollar General Corporation (DG).
Starting Yield
2.01%
Ending YOC
9.65%
Year 15 Dividend
$11.31
Cum. Dividends Recd.
$90.21
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.36 | N/A | 2.01% | $0.00 |
| Year 1 | $2.62 | +11.01% | 2.23% | $2.62 |
| Year 2 | $2.91 | +11.01% | 2.48% | $5.53 |
| Year 3 | $3.23 | +11.01% | 2.75% | $8.76 |
| Year 4 | $3.58 | +11.01% | 3.06% | $12.34 |
| Year 5 | $3.98 | +11.01% | 3.39% | $16.32 |
| Year 6 | $4.42 | +11.01% | 3.77% | $20.74 |
| Year 7 | $4.90 | +11.01% | 4.18% | $25.64 |
| Year 8 | $5.44 | +11.01% | 4.64% | $31.08 |
| Year 9 | $6.04 | +11.01% | 5.15% | $37.12 |
| Year 10 | $6.71 | +11.01% | 5.72% | $43.83 |
| Year 11 | $7.45 | +11.01% | 6.35% | $51.28 |
| Year 12 | $8.27 | +11.01% | 7.05% | $59.54 |
| Year 13 | $9.18 | +11.01% | 7.83% | $68.72 |
| Year 14 | $10.19 | +11.01% | 8.69% | $78.90 |
| Year 15 | $11.31 | +11.01% | 9.65% | $90.21 |
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