Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.64%.
YIELD ON COST (YOC)
2.64%
EBC now pays $0.56 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 |
|---|---|---|
| 5 years ago(2021-10-05) | $21.15 | 2.65% |
| 3 years ago(2023-10-04) | $11.81 | 4.74% |
| 1 year ago(2025-10-06) | $18.68 | 3.00% |
| Buying today(at $21.13) | $21.13 | 2.64% |
Projection: starting from today's 2.64% yield, assuming the dividend keeps compounding at 14.2% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.64%
In 3 years
3.93%
In 5 years
5.12%
In 10 years
9.93%
Try your own purchase price, dividend and growth rate for Eastern Bankshares, Inc. (EBC).
Starting Yield
2.65%
Ending YOC
8.41%
Year 15 Dividend
$1.78
Cum. Dividends Recd.
$16.42
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.56 | N/A | 2.65% | $0.00 |
| Year 1 | $0.60 | +8.00% | 2.86% | $0.60 |
| Year 2 | $0.65 | +8.00% | 3.09% | $1.26 |
| Year 3 | $0.71 | +8.00% | 3.34% | $1.96 |
| Year 4 | $0.76 | +8.00% | 3.61% | $2.73 |
| Year 5 | $0.82 | +8.00% | 3.90% | $3.55 |
| Year 6 | $0.89 | +8.00% | 4.21% | $4.44 |
| Year 7 | $0.96 | +8.00% | 4.54% | $5.40 |
| Year 8 | $1.04 | +8.00% | 4.91% | $6.43 |
| Year 9 | $1.12 | +8.00% | 5.30% | $7.55 |
| Year 10 | $1.21 | +8.00% | 5.72% | $8.76 |
| Year 11 | $1.31 | +8.00% | 6.18% | $10.07 |
| Year 12 | $1.41 | +8.00% | 6.68% | $11.48 |
| Year 13 | $1.52 | +8.00% | 7.21% | $13.00 |
| Year 14 | $1.64 | +8.00% | 7.79% | $14.65 |
| Year 15 | $1.78 | +8.00% | 8.41% | $16.42 |
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
