Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.50%.
YIELD ON COST (YOC)
4.50%
ES now pays $3.08 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) | $55.01 | 5.60% |
| 5 years ago(2021-09-16) | $84.86 | 3.63% |
| 3 years ago(2023-09-07) | $61.35 | 5.02% |
| 1 year ago(2025-09-11) | $65.05 | 4.73% |
| Buying today(at $67.88) | $67.88 | 4.50% |
Projection: starting from today's 4.50% yield, assuming the dividend keeps compounding at 5.7% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.50%
In 3 years
5.31%
In 5 years
5.93%
In 10 years
7.83%
Try your own purchase price, dividend and growth rate for Eversource Energy (ES).
Starting Yield
4.54%
Ending YOC
10.59%
Year 15 Dividend
$7.19
Cum. Dividends Recd.
$74.77
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.08 | N/A | 4.54% | $0.00 |
| Year 1 | $3.26 | +5.81% | 4.80% | $3.26 |
| Year 2 | $3.45 | +5.81% | 5.08% | $6.71 |
| Year 3 | $3.65 | +5.81% | 5.38% | $10.36 |
| Year 4 | $3.86 | +5.81% | 5.69% | $14.22 |
| Year 5 | $4.08 | +5.81% | 6.02% | $18.30 |
| Year 6 | $4.32 | +5.81% | 6.37% | $22.62 |
| Year 7 | $4.57 | +5.81% | 6.74% | $27.20 |
| Year 8 | $4.84 | +5.81% | 7.13% | $32.04 |
| Year 9 | $5.12 | +5.81% | 7.54% | $37.16 |
| Year 10 | $5.42 | +5.81% | 7.98% | $42.57 |
| Year 11 | $5.73 | +5.81% | 8.45% | $48.31 |
| Year 12 | $6.07 | +5.81% | 8.94% | $54.37 |
| Year 13 | $6.42 | +5.81% | 9.45% | $60.79 |
| Year 14 | $6.79 | +5.81% | 10.00% | $67.58 |
| Year 15 | $7.19 | +5.81% | 10.59% | $74.77 |
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