Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.31%.
YIELD ON COST (YOC)
1.31%
DHI now pays $1.80 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(2016-09-08) | $31.54 | 5.71% |
| 5 years ago(2021-09-16) | $90.30 | 1.99% |
| 3 years ago(2023-09-07) | $117.11 | 1.54% |
| 1 year ago(2025-09-11) | $181.01 | 0.99% |
| Buying today(at $140.20) | $140.20 | 1.31% |
Projection: starting from today's 1.31% yield, assuming the dividend keeps compounding at 18.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.31%
In 3 years
2.20%
In 5 years
3.10%
In 10 years
7.38%
Try your own purchase price, dividend and growth rate for D.R. Horton, Inc. (DHI).
Starting Yield
1.28%
Ending YOC
15.14%
Year 15 Dividend
$21.23
Cum. Dividends Recd.
$128.07
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.80 | N/A | 1.28% | $0.00 |
| Year 1 | $2.12 | +17.88% | 1.51% | $2.12 |
| Year 2 | $2.50 | +17.88% | 1.78% | $4.62 |
| Year 3 | $2.95 | +17.88% | 2.10% | $7.57 |
| Year 4 | $3.48 | +17.88% | 2.48% | $11.05 |
| Year 5 | $4.10 | +17.88% | 2.92% | $15.14 |
| Year 6 | $4.83 | +17.88% | 3.44% | $19.97 |
| Year 7 | $5.69 | +17.88% | 4.06% | $25.67 |
| Year 8 | $6.71 | +17.88% | 4.79% | $32.38 |
| Year 9 | $7.91 | +17.88% | 5.64% | $40.29 |
| Year 10 | $9.33 | +17.88% | 6.65% | $49.61 |
| Year 11 | $10.99 | +17.88% | 7.84% | $60.61 |
| Year 12 | $12.96 | +17.88% | 9.24% | $73.57 |
| Year 13 | $15.28 | +17.88% | 10.90% | $88.84 |
| Year 14 | $18.01 | +17.88% | 12.84% | $106.85 |
| Year 15 | $21.23 | +17.88% | 15.14% | $128.07 |
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
