Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.66%.
YIELD ON COST (YOC)
0.66%
GL now pays $1.20 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) | $61.64 | 1.95% |
| 5 years ago(2021-08-03) | $92.35 | 1.30% |
| 3 years ago(2023-08-04) | $113.58 | 1.06% |
| 1 year ago(2025-07-29) | $143.27 | 0.84% |
| Buying today(at $185.19) | $185.19 | 0.66% |
Projection: starting from today's 0.66% yield, assuming the dividend keeps compounding at its historical 7.4% rate. Boards set dividends each year, so actual figures will differ.
Today
0.66%
In 3 years
0.88%
In 5 years
1.08%
In 10 years
1.76%
Try your own purchase price, dividend and growth rate for Globe Life Inc. (GL).
Starting Yield
0.65%
Ending YOC
1.89%
Year 15 Dividend
$3.49
Cum. Dividends Recd.
$33.34
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.20 | N/A | 0.65% | $0.00 |
| Year 1 | $1.29 | +7.38% | 0.70% | $1.29 |
| Year 2 | $1.38 | +7.38% | 0.75% | $2.67 |
| Year 3 | $1.49 | +7.38% | 0.80% | $4.16 |
| Year 4 | $1.60 | +7.38% | 0.86% | $5.75 |
| Year 5 | $1.71 | +7.38% | 0.93% | $7.47 |
| Year 6 | $1.84 | +7.38% | 0.99% | $9.31 |
| Year 7 | $1.98 | +7.38% | 1.07% | $11.28 |
| Year 8 | $2.12 | +7.38% | 1.15% | $13.40 |
| Year 9 | $2.28 | +7.38% | 1.23% | $15.68 |
| Year 10 | $2.45 | +7.38% | 1.32% | $18.13 |
| Year 11 | $2.63 | +7.38% | 1.42% | $20.75 |
| Year 12 | $2.82 | +7.38% | 1.52% | $23.57 |
| Year 13 | $3.03 | +7.38% | 1.64% | $26.60 |
| Year 14 | $3.25 | +7.38% | 1.76% | $29.85 |
| Year 15 | $3.49 | +7.38% | 1.89% | $33.34 |
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