Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.53%.
YIELD ON COST (YOC)
3.53%
DUK now pays $4.28 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(2016-09-12) | $79.28 | 5.40% |
| 5 years ago(2021-09-08) | $105.33 | 4.06% |
| 3 years ago(2023-09-11) | $91.78 | 4.66% |
| 1 year ago(2025-09-03) | $121.50 | 3.52% |
| Buying today(at $120.43) | $120.43 | 3.53% |
Projection: starting from today's 3.53% yield, assuming the dividend keeps compounding at 2.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.53%
In 3 years
3.75%
In 5 years
3.90%
In 10 years
4.30%
Try your own purchase price, dividend and growth rate for Duke Energy Corporation (DUK).
Starting Yield
3.55%
Ending YOC
4.79%
Year 15 Dividend
$5.77
Cum. Dividends Recd.
$75.56
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.28 | N/A | 3.55% | $0.00 |
| Year 1 | $4.37 | +2.01% | 3.63% | $4.37 |
| Year 2 | $4.45 | +2.01% | 3.70% | $8.82 |
| Year 3 | $4.54 | +2.01% | 3.77% | $13.36 |
| Year 4 | $4.63 | +2.01% | 3.85% | $18.00 |
| Year 5 | $4.73 | +2.01% | 3.93% | $22.73 |
| Year 6 | $4.82 | +2.01% | 4.00% | $27.55 |
| Year 7 | $4.92 | +2.01% | 4.09% | $32.47 |
| Year 8 | $5.02 | +2.01% | 4.17% | $37.49 |
| Year 9 | $5.12 | +2.01% | 4.25% | $42.61 |
| Year 10 | $5.22 | +2.01% | 4.34% | $47.83 |
| Year 11 | $5.33 | +2.01% | 4.42% | $53.16 |
| Year 12 | $5.43 | +2.01% | 4.51% | $58.59 |
| Year 13 | $5.54 | +2.01% | 4.60% | $64.13 |
| Year 14 | $5.66 | +2.01% | 4.70% | $69.79 |
| Year 15 | $5.77 | +2.01% | 4.79% | $75.56 |
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