Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 11.19%.
YIELD ON COST (YOC)
11.19%
FDUS now pays $2.14 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(2016-10-05) | $15.84 | 13.51% |
| 5 years ago(2021-10-07) | $17.43 | 12.28% |
| 3 years ago(2023-10-04) | $18.15 | 11.79% |
| 1 year ago(2025-10-02) | $20.55 | 10.41% |
| Buying today(at $19.14) | $19.14 | 11.19% |
Projection: starting from today's 11.19% yield, assuming the dividend keeps compounding at 7.7% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
11.19%
In 3 years
13.96%
In 5 years
16.18%
In 10 years
23.42%
Try your own purchase price, dividend and growth rate for Fidus Investment Corporation (FDUS).
Starting Yield
11.18%
Ending YOC
47.23%
Year 15 Dividend
$9.04
Cum. Dividends Recd.
$75.32
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.14 | N/A | 11.18% | $0.00 |
| Year 1 | $2.36 | +10.08% | 12.31% | $2.36 |
| Year 2 | $2.59 | +10.08% | 13.55% | $4.95 |
| Year 3 | $2.85 | +10.08% | 14.92% | $7.80 |
| Year 4 | $3.14 | +10.08% | 16.42% | $10.95 |
| Year 5 | $3.46 | +10.08% | 18.08% | $14.40 |
| Year 6 | $3.81 | +10.08% | 19.90% | $18.21 |
| Year 7 | $4.19 | +10.08% | 21.91% | $22.40 |
| Year 8 | $4.61 | +10.08% | 24.11% | $27.02 |
| Year 9 | $5.08 | +10.08% | 26.54% | $32.10 |
| Year 10 | $5.59 | +10.08% | 29.22% | $37.69 |
| Year 11 | $6.15 | +10.08% | 32.16% | $43.84 |
| Year 12 | $6.78 | +10.08% | 35.41% | $50.62 |
| Year 13 | $7.46 | +10.08% | 38.98% | $58.08 |
| Year 14 | $8.21 | +10.08% | 42.90% | $66.29 |
| Year 15 | $9.04 | +10.08% | 47.23% | $75.32 |
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
