Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 6.01%.
YIELD ON COST (YOC)
6.01%
DOC now pays $1.22 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) | $39.60 | 3.08% |
| 5 years ago(2021-09-16) | $35.30 | 3.46% |
| 3 years ago(2023-09-07) | $20.13 | 6.06% |
| 1 year ago(2025-09-11) | $18.14 | 6.73% |
| Buying today(at $20.31) | $20.31 | 6.01% |
Projection: starting from today's 6.01% yield, assuming the dividend keeps compounding at -21.3% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
6.01%
In 3 years
2.93%
In 5 years
1.81%
In 10 years
0.55%
Try your own purchase price, dividend and growth rate for Healthpeak Properties, Inc. (DOC).
Starting Yield
6.01%
Ending YOC
0.34%
Year 15 Dividend
$0.07
Cum. Dividends Recd.
$5.45
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.22 | N/A | 6.01% | $0.00 |
| Year 1 | $1.01 | -17.44% | 4.96% | $1.01 |
| Year 2 | $0.83 | -17.44% | 4.09% | $1.84 |
| Year 3 | $0.69 | -17.44% | 3.38% | $2.53 |
| Year 4 | $0.57 | -17.44% | 2.79% | $3.09 |
| Year 5 | $0.47 | -17.44% | 2.30% | $3.56 |
| Year 6 | $0.39 | -17.44% | 1.90% | $3.95 |
| Year 7 | $0.32 | -17.44% | 1.57% | $4.27 |
| Year 8 | $0.26 | -17.44% | 1.30% | $4.53 |
| Year 9 | $0.22 | -17.44% | 1.07% | $4.75 |
| Year 10 | $0.18 | -17.44% | 0.88% | $4.93 |
| Year 11 | $0.15 | -17.44% | 0.73% | $5.07 |
| Year 12 | $0.12 | -17.44% | 0.60% | $5.20 |
| Year 13 | $0.10 | -17.44% | 0.50% | $5.30 |
| Year 14 | $0.08 | -17.44% | 0.41% | $5.38 |
| Year 15 | $0.07 | -17.44% | 0.34% | $5.45 |
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
