Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.81%.
YIELD ON COST (YOC)
2.81%
FDVV now pays $1.71 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(2016-10-03) | $25.38 | 6.74% |
| 5 years ago(2021-09-30) | $37.00 | 4.62% |
| 3 years ago(2023-10-03) | $37.87 | 4.52% |
| 1 year ago(2025-10-02) | $55.73 | 3.07% |
| Buying today(at $60.92) | $60.92 | 2.81% |
Projection: starting from today's 2.81% yield, assuming the dividend keeps compounding at 10.8% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.81%
In 3 years
3.82%
In 5 years
4.69%
In 10 years
7.80%
Try your own purchase price, dividend and growth rate for Fidelity High Dividend ETF (FDVV).
Starting Yield
2.81%
Ending YOC
11.41%
Year 15 Dividend
$6.95
Cum. Dividends Recd.
$58.72
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.71 | N/A | 2.81% | $0.00 |
| Year 1 | $1.88 | +9.80% | 3.08% | $1.88 |
| Year 2 | $2.06 | +9.80% | 3.38% | $3.94 |
| Year 3 | $2.26 | +9.80% | 3.72% | $6.20 |
| Year 4 | $2.49 | +9.80% | 4.08% | $8.69 |
| Year 5 | $2.73 | +9.80% | 4.48% | $11.42 |
| Year 6 | $3.00 | +9.80% | 4.92% | $14.41 |
| Year 7 | $3.29 | +9.80% | 5.40% | $17.70 |
| Year 8 | $3.61 | +9.80% | 5.93% | $21.32 |
| Year 9 | $3.97 | +9.80% | 6.51% | $25.28 |
| Year 10 | $4.36 | +9.80% | 7.15% | $29.64 |
| Year 11 | $4.78 | +9.80% | 7.85% | $34.42 |
| Year 12 | $5.25 | +9.80% | 8.62% | $39.67 |
| Year 13 | $5.77 | +9.80% | 9.46% | $45.44 |
| Year 14 | $6.33 | +9.80% | 10.39% | $51.77 |
| Year 15 | $6.95 | +9.80% | 11.41% | $58.72 |
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
