Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 6.63%.
YIELD ON COST (YOC)
6.63%
ET now pays $1.34 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(2016-08-08) | $16.80 | 7.98% |
| 5 years ago(2021-08-10) | $9.40 | 14.26% |
| 3 years ago(2023-08-03) | $12.84 | 10.44% |
| 1 year ago(2025-08-07) | $17.62 | 7.60% |
| Buying today(at $20.13) | $20.13 | 6.63% |
Projection: starting from today's 6.63% yield, assuming the dividend keeps compounding at its historical 4.3% rate. Boards set dividends each year, so actual figures will differ.
Today
6.63%
In 3 years
14.30%
In 5 years
23.86%
In 10 years
85.83%
Try your own purchase price, dividend and growth rate for Energy Transfer LP (ET).
Starting Yield
6.66%
Ending YOC
12.45%
Year 15 Dividend
$2.51
Cum. Dividends Recd.
$28.52
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.34 | N/A | 6.66% | $0.00 |
| Year 1 | $1.40 | +4.26% | 6.94% | $1.40 |
| Year 2 | $1.46 | +4.26% | 7.24% | $2.85 |
| Year 3 | $1.52 | +4.26% | 7.54% | $4.37 |
| Year 4 | $1.58 | +4.26% | 7.87% | $5.96 |
| Year 5 | $1.65 | +4.26% | 8.20% | $7.61 |
| Year 6 | $1.72 | +4.26% | 8.55% | $9.33 |
| Year 7 | $1.79 | +4.26% | 8.91% | $11.12 |
| Year 8 | $1.87 | +4.26% | 9.29% | $12.99 |
| Year 9 | $1.95 | +4.26% | 9.69% | $14.94 |
| Year 10 | $2.03 | +4.26% | 10.10% | $16.98 |
| Year 11 | $2.12 | +4.26% | 10.53% | $19.10 |
| Year 12 | $2.21 | +4.26% | 10.98% | $21.31 |
| Year 13 | $2.30 | +4.26% | 11.45% | $23.61 |
| Year 14 | $2.40 | +4.26% | 11.94% | $26.02 |
| Year 15 | $2.51 | +4.26% | 12.45% | $28.52 |
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
