Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.59%.
YIELD ON COST (YOC)
1.59%
GD now pays $6.09 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(2016-07-26) | $144.51 | 4.21% |
| 5 years ago(2021-08-03) | $197.32 | 3.09% |
| 3 years ago(2023-07-25) | $218.00 | 2.79% |
| 1 year ago(2025-07-29) | $314.70 | 1.94% |
| Buying today(at $384.21) | $384.21 | 1.59% |
Projection: starting from today's 1.59% yield, assuming the dividend keeps compounding at its historical 6.5% rate. Boards set dividends each year, so actual figures will differ.
Today
1.59%
In 3 years
2.02%
In 5 years
2.37%
In 10 years
3.51%
Try your own purchase price, dividend and growth rate for General Dynamics Corporation (GD).
Starting Yield
1.59%
Ending YOC
4.08%
Year 15 Dividend
$15.68
Cum. Dividends Recd.
$156.98
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $6.09 | N/A | 1.59% | $0.00 |
| Year 1 | $6.49 | +6.51% | 1.69% | $6.49 |
| Year 2 | $6.91 | +6.51% | 1.80% | $13.40 |
| Year 3 | $7.36 | +6.51% | 1.92% | $20.75 |
| Year 4 | $7.84 | +6.51% | 2.04% | $28.59 |
| Year 5 | $8.35 | +6.51% | 2.17% | $36.94 |
| Year 6 | $8.89 | +6.51% | 2.31% | $45.83 |
| Year 7 | $9.47 | +6.51% | 2.46% | $55.30 |
| Year 8 | $10.09 | +6.51% | 2.63% | $65.39 |
| Year 9 | $10.74 | +6.51% | 2.80% | $76.13 |
| Year 10 | $11.44 | +6.51% | 2.98% | $87.57 |
| Year 11 | $12.19 | +6.51% | 3.17% | $99.76 |
| Year 12 | $12.98 | +6.51% | 3.38% | $112.74 |
| Year 13 | $13.83 | +6.51% | 3.60% | $126.57 |
| Year 14 | $14.73 | +6.51% | 3.83% | $141.29 |
| Year 15 | $15.68 | +6.51% | 4.08% | $156.98 |
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
