Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.39%.
YIELD ON COST (YOC)
1.39%
DGX now pays $3.32 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(2016-08-10) | $85.36 | 3.89% |
| 5 years ago(2021-08-06) | $146.60 | 2.26% |
| 3 years ago(2023-08-09) | $135.34 | 2.45% |
| 1 year ago(2025-08-01) | $170.85 | 1.94% |
| Buying today(at $237.63) | $237.63 | 1.39% |
Projection: starting from today's 1.39% yield, assuming the dividend keeps compounding at its historical 7.3% rate. Boards set dividends each year, so actual figures will differ.
Today
1.39%
In 3 years
1.81%
In 5 years
2.16%
In 10 years
3.35%
Try your own purchase price, dividend and growth rate for Quest Diagnostics Incorporated (DGX).
Starting Yield
1.40%
Ending YOC
4.05%
Year 15 Dividend
$9.62
Cum. Dividends Recd.
$92.01
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.32 | N/A | 1.40% | $0.00 |
| Year 1 | $3.56 | +7.35% | 1.50% | $3.56 |
| Year 2 | $3.83 | +7.35% | 1.61% | $7.39 |
| Year 3 | $4.11 | +7.35% | 1.73% | $11.50 |
| Year 4 | $4.41 | +7.35% | 1.86% | $15.91 |
| Year 5 | $4.73 | +7.35% | 1.99% | $20.64 |
| Year 6 | $5.08 | +7.35% | 2.14% | $25.72 |
| Year 7 | $5.45 | +7.35% | 2.30% | $31.17 |
| Year 8 | $5.86 | +7.35% | 2.46% | $37.03 |
| Year 9 | $6.29 | +7.35% | 2.65% | $43.32 |
| Year 10 | $6.75 | +7.35% | 2.84% | $50.06 |
| Year 11 | $7.24 | +7.35% | 3.05% | $57.31 |
| Year 12 | $7.78 | +7.35% | 3.27% | $65.08 |
| Year 13 | $8.35 | +7.35% | 3.51% | $73.43 |
| Year 14 | $8.96 | +7.35% | 3.77% | $82.39 |
| Year 15 | $9.62 | +7.35% | 4.05% | $92.01 |
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