Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.38%.
YIELD ON COST (YOC)
4.38%
FNLC now pays $1.50 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(2016-09-30) | $23.97 | 6.26% |
| 5 years ago(2021-10-04) | $29.55 | 5.08% |
| 3 years ago(2023-10-05) | $23.70 | 6.33% |
| 1 year ago(2025-10-09) | $24.83 | 6.04% |
| Buying today(at $33.81) | $33.81 | 4.38% |
Projection: starting from today's 4.38% yield, assuming the dividend keeps compounding at 3.3% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.38%
In 3 years
4.83%
In 5 years
5.14%
In 10 years
6.04%
Try your own purchase price, dividend and growth rate for The First Bancorp, Inc. (FNLC).
Starting Yield
4.44%
Ending YOC
7.49%
Year 15 Dividend
$2.53
Cum. Dividends Recd.
$30.08
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.50 | N/A | 4.44% | $0.00 |
| Year 1 | $1.55 | +3.55% | 4.59% | $1.55 |
| Year 2 | $1.61 | +3.55% | 4.76% | $3.16 |
| Year 3 | $1.67 | +3.55% | 4.93% | $4.83 |
| Year 4 | $1.72 | +3.55% | 5.10% | $6.55 |
| Year 5 | $1.79 | +3.55% | 5.28% | $8.34 |
| Year 6 | $1.85 | +3.55% | 5.47% | $10.19 |
| Year 7 | $1.91 | +3.55% | 5.66% | $12.10 |
| Year 8 | $1.98 | +3.55% | 5.86% | $14.08 |
| Year 9 | $2.05 | +3.55% | 6.07% | $16.14 |
| Year 10 | $2.13 | +3.55% | 6.29% | $18.26 |
| Year 11 | $2.20 | +3.55% | 6.51% | $20.47 |
| Year 12 | $2.28 | +3.55% | 6.74% | $22.75 |
| Year 13 | $2.36 | +3.55% | 6.98% | $25.11 |
| Year 14 | $2.44 | +3.55% | 7.23% | $27.55 |
| Year 15 | $2.53 | +3.55% | 7.49% | $30.08 |
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
