Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.74%.
YIELD ON COST (YOC)
1.74%
GD now pays $6.18 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(2016-09-12) | $151.81 | 4.07% |
| 5 years ago(2021-09-08) | $204.40 | 3.02% |
| 3 years ago(2023-09-11) | $216.27 | 2.86% |
| 1 year ago(2025-09-15) | $326.98 | 1.89% |
| Buying today(at $356.81) | $356.81 | 1.74% |
Projection: starting from today's 1.74% yield, assuming the dividend keeps compounding at 6.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.74%
In 3 years
2.07%
In 5 years
2.34%
In 10 years
3.14%
Try your own purchase price, dividend and growth rate for General Dynamics Corporation (GD).
Starting Yield
1.73%
Ending YOC
4.46%
Year 15 Dividend
$15.92
Cum. Dividends Recd.
$159.30
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $6.18 | N/A | 1.73% | $0.00 |
| Year 1 | $6.58 | +6.51% | 1.84% | $6.58 |
| Year 2 | $7.01 | +6.51% | 1.96% | $13.59 |
| Year 3 | $7.47 | +6.51% | 2.09% | $21.06 |
| Year 4 | $7.95 | +6.51% | 2.23% | $29.01 |
| Year 5 | $8.47 | +6.51% | 2.37% | $37.48 |
| Year 6 | $9.02 | +6.51% | 2.53% | $46.51 |
| Year 7 | $9.61 | +6.51% | 2.69% | $56.12 |
| Year 8 | $10.24 | +6.51% | 2.87% | $66.35 |
| Year 9 | $10.90 | +6.51% | 3.06% | $77.25 |
| Year 10 | $11.61 | +6.51% | 3.25% | $88.87 |
| Year 11 | $12.37 | +6.51% | 3.47% | $101.23 |
| Year 12 | $13.17 | +6.51% | 3.69% | $114.41 |
| Year 13 | $14.03 | +6.51% | 3.93% | $128.44 |
| Year 14 | $14.94 | +6.51% | 4.19% | $143.38 |
| Year 15 | $15.92 | +6.51% | 4.46% | $159.30 |
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
