Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 5.95%.
YIELD ON COST (YOC)
5.95%
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(2016-08-09) | $38.95 | 3.13% |
| 5 years ago(2021-08-05) | $37.36 | 3.27% |
| 3 years ago(2023-08-08) | $21.06 | 5.79% |
| 1 year ago(2025-08-12) | $17.00 | 7.18% |
| Buying today(at $20.64) | $20.64 | 5.95% |
Projection: starting from today's 5.95% yield, assuming the dividend keeps compounding at its historical -20.1% rate. Boards set dividends each year, so actual figures will differ.
Today
5.95%
In 3 years
2.55%
In 5 years
1.45%
In 10 years
0.35%
Try your own purchase price, dividend and growth rate for Healthpeak Properties, Inc. (DOC).
Starting Yield
5.91%
Ending YOC
0.20%
Year 15 Dividend
$0.04
Cum. Dividends Recd.
$4.67
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.22 | N/A | 5.91% | $0.00 |
| Year 1 | $0.97 | +-20.14% | 4.72% | $0.97 |
| Year 2 | $0.78 | +-20.14% | 3.77% | $1.75 |
| Year 3 | $0.62 | +-20.14% | 3.01% | $2.37 |
| Year 4 | $0.50 | +-20.14% | 2.40% | $2.87 |
| Year 5 | $0.40 | +-20.14% | 1.92% | $3.27 |
| Year 6 | $0.32 | +-20.14% | 1.53% | $3.58 |
| Year 7 | $0.25 | +-20.14% | 1.22% | $3.84 |
| Year 8 | $0.20 | +-20.14% | 0.98% | $4.04 |
| Year 9 | $0.16 | +-20.14% | 0.78% | $4.20 |
| Year 10 | $0.13 | +-20.14% | 0.62% | $4.33 |
| Year 11 | $0.10 | +-20.14% | 0.50% | $4.43 |
| Year 12 | $0.08 | +-20.14% | 0.40% | $4.51 |
| Year 13 | $0.07 | +-20.14% | 0.32% | $4.58 |
| Year 14 | $0.05 | +-20.14% | 0.25% | $4.63 |
| Year 15 | $0.04 | +-20.14% | 0.20% | $4.67 |
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
