Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.87%.
YIELD ON COST (YOC)
1.87%
FRBA now pays $0.33 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(2016-10-06) | $8.27 | 3.99% |
| 5 years ago(2021-10-08) | $15.00 | 2.20% |
| 3 years ago(2023-10-05) | $11.04 | 2.99% |
| 1 year ago(2025-10-03) | $15.93 | 2.07% |
| Buying today(at $17.81) | $17.81 | 1.87% |
Projection: starting from today's 1.87% yield, assuming the dividend keeps compounding at 12.3% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.87%
In 3 years
2.65%
In 5 years
3.36%
In 10 years
6.04%
Try your own purchase price, dividend and growth rate for First Bank (FRBA).
Starting Yield
1.85%
Ending YOC
14.82%
Year 15 Dividend
$2.64
Cum. Dividends Recd.
$17.85
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.33 | N/A | 1.85% | $0.00 |
| Year 1 | $0.38 | +14.87% | 2.13% | $0.38 |
| Year 2 | $0.44 | +14.87% | 2.44% | $0.81 |
| Year 3 | $0.50 | +14.87% | 2.81% | $1.31 |
| Year 4 | $0.57 | +14.87% | 3.23% | $1.89 |
| Year 5 | $0.66 | +14.87% | 3.71% | $2.55 |
| Year 6 | $0.76 | +14.87% | 4.26% | $3.31 |
| Year 7 | $0.87 | +14.87% | 4.89% | $4.18 |
| Year 8 | $1.00 | +14.87% | 5.62% | $5.18 |
| Year 9 | $1.15 | +14.87% | 6.45% | $6.33 |
| Year 10 | $1.32 | +14.87% | 7.41% | $7.65 |
| Year 11 | $1.52 | +14.87% | 8.51% | $9.16 |
| Year 12 | $1.74 | +14.87% | 9.78% | $10.91 |
| Year 13 | $2.00 | +14.87% | 11.23% | $12.91 |
| Year 14 | $2.30 | +14.87% | 12.90% | $15.21 |
| Year 15 | $2.64 | +14.87% | 14.82% | $17.85 |
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
