Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.88%.
YIELD ON COST (YOC)
2.88%
FR now pays $1.89 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(2016-08-05) | $29.03 | 6.51% |
| 5 years ago(2021-08-03) | $54.99 | 3.44% |
| 3 years ago(2023-08-04) | $51.30 | 3.68% |
| 1 year ago(2025-07-29) | $50.07 | 3.77% |
| Buying today(at $64.68) | $64.68 | 2.88% |
Projection: starting from today's 2.88% yield, assuming the dividend keeps compounding at its historical 11.7% rate. Boards set dividends each year, so actual figures will differ.
Today
2.88%
In 3 years
4.64%
In 5 years
6.37%
In 10 years
14.07%
Try your own purchase price, dividend and growth rate for First Industrial Realty Trust, Inc. (FR).
Starting Yield
2.92%
Ending YOC
15.38%
Year 15 Dividend
$9.95
Cum. Dividends Recd.
$76.89
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.89 | N/A | 2.92% | $0.00 |
| Year 1 | $2.11 | +11.71% | 3.26% | $2.11 |
| Year 2 | $2.36 | +11.71% | 3.65% | $4.47 |
| Year 3 | $2.63 | +11.71% | 4.07% | $7.10 |
| Year 4 | $2.94 | +11.71% | 4.55% | $10.05 |
| Year 5 | $3.29 | +11.71% | 5.08% | $13.34 |
| Year 6 | $3.67 | +11.71% | 5.68% | $17.01 |
| Year 7 | $4.10 | +11.71% | 6.34% | $21.11 |
| Year 8 | $4.58 | +11.71% | 7.09% | $25.70 |
| Year 9 | $5.12 | +11.71% | 7.92% | $30.82 |
| Year 10 | $5.72 | +11.71% | 8.84% | $36.54 |
| Year 11 | $6.39 | +11.71% | 9.88% | $42.92 |
| Year 12 | $7.14 | +11.71% | 11.04% | $50.06 |
| Year 13 | $7.97 | +11.71% | 12.33% | $58.04 |
| Year 14 | $8.91 | +11.71% | 13.77% | $66.94 |
| Year 15 | $9.95 | +11.71% | 15.38% | $76.89 |
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