Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.22%.
YIELD ON COST (YOC)
1.22%
DHI now pays $1.75 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(2016-07-26) | $33.93 | 5.16% |
| 5 years ago(2021-08-03) | $97.55 | 1.79% |
| 3 years ago(2023-08-04) | $125.71 | 1.39% |
| 1 year ago(2025-07-29) | $147.35 | 1.19% |
| Buying today(at $143.06) | $143.06 | 1.22% |
Projection: starting from today's 1.22% yield, assuming the dividend keeps compounding at its historical 17.9% rate. Boards set dividends each year, so actual figures will differ.
Today
1.22%
In 3 years
2.45%
In 5 years
3.88%
In 10 years
12.33%
Try your own purchase price, dividend and growth rate for D.R. Horton, Inc. (DHI).
Starting Yield
1.22%
Ending YOC
14.43%
Year 15 Dividend
$20.64
Cum. Dividends Recd.
$124.52
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.75 | N/A | 1.22% | $0.00 |
| Year 1 | $2.06 | +17.88% | 1.44% | $2.06 |
| Year 2 | $2.43 | +17.88% | 1.70% | $4.49 |
| Year 3 | $2.87 | +17.88% | 2.00% | $7.36 |
| Year 4 | $3.38 | +17.88% | 2.36% | $10.74 |
| Year 5 | $3.98 | +17.88% | 2.78% | $14.72 |
| Year 6 | $4.70 | +17.88% | 3.28% | $19.42 |
| Year 7 | $5.54 | +17.88% | 3.87% | $24.95 |
| Year 8 | $6.52 | +17.88% | 4.56% | $31.48 |
| Year 9 | $7.69 | +17.88% | 5.38% | $39.17 |
| Year 10 | $9.07 | +17.88% | 6.34% | $48.24 |
| Year 11 | $10.69 | +17.88% | 7.47% | $58.92 |
| Year 12 | $12.60 | +17.88% | 8.81% | $71.52 |
| Year 13 | $14.85 | +17.88% | 10.38% | $86.37 |
| Year 14 | $17.51 | +17.88% | 12.24% | $103.88 |
| Year 15 | $20.64 | +17.88% | 14.43% | $124.52 |
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
