Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.20%.
YIELD ON COST (YOC)
3.20%
FISI now pays $1.27 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(2016-10-04) | $26.97 | 4.71% |
| 5 years ago(2021-10-06) | $31.17 | 4.07% |
| 3 years ago(2023-10-09) | $16.85 | 7.54% |
| 1 year ago(2025-10-02) | $26.88 | 4.72% |
| Buying today(at $39.33) | $39.33 | 3.20% |
Projection: starting from today's 3.20% yield, assuming the dividend keeps compounding at 2.7% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.20%
In 3 years
3.47%
In 5 years
3.67%
In 10 years
4.20%
Try your own purchase price, dividend and growth rate for Financial Institutions, Inc. (FISI).
Starting Yield
3.23%
Ending YOC
5.40%
Year 15 Dividend
$2.12
Cum. Dividends Recd.
$25.34
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.27 | N/A | 3.23% | $0.00 |
| Year 1 | $1.31 | +3.49% | 3.34% | $1.31 |
| Year 2 | $1.36 | +3.49% | 3.46% | $2.67 |
| Year 3 | $1.41 | +3.49% | 3.58% | $4.08 |
| Year 4 | $1.46 | +3.49% | 3.70% | $5.54 |
| Year 5 | $1.51 | +3.49% | 3.83% | $7.05 |
| Year 6 | $1.56 | +3.49% | 3.97% | $8.61 |
| Year 7 | $1.61 | +3.49% | 4.11% | $10.22 |
| Year 8 | $1.67 | +3.49% | 4.25% | $11.89 |
| Year 9 | $1.73 | +3.49% | 4.40% | $13.62 |
| Year 10 | $1.79 | +3.49% | 4.55% | $15.41 |
| Year 11 | $1.85 | +3.49% | 4.71% | $17.26 |
| Year 12 | $1.92 | +3.49% | 4.87% | $19.18 |
| Year 13 | $1.98 | +3.49% | 5.04% | $21.16 |
| Year 14 | $2.05 | +3.49% | 5.22% | $23.22 |
| Year 15 | $2.12 | +3.49% | 5.40% | $25.34 |
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
