Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.48%.
YIELD ON COST (YOC)
1.48%
GRMN now pays $3.75 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(2016-08-02) | $54.86 | 6.84% |
| 5 years ago(2021-07-26) | $153.29 | 2.45% |
| 3 years ago(2023-07-27) | $105.18 | 3.57% |
| 1 year ago(2025-07-31) | $218.76 | 1.71% |
| Buying today(at $253.65) | $253.65 | 1.48% |
Projection: starting from today's 1.48% yield, assuming the dividend keeps compounding at its historical 7.5% rate. Boards set dividends each year, so actual figures will differ.
Today
1.48%
In 3 years
1.95%
In 5 years
2.34%
In 10 years
3.70%
Try your own purchase price, dividend and growth rate for Garmin Ltd. (GRMN).
Starting Yield
1.48%
Ending YOC
4.39%
Year 15 Dividend
$11.14
Cum. Dividends Recd.
$105.56
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.75 | N/A | 1.48% | $0.00 |
| Year 1 | $4.03 | +7.53% | 1.59% | $4.03 |
| Year 2 | $4.34 | +7.53% | 1.71% | $8.37 |
| Year 3 | $4.66 | +7.53% | 1.84% | $13.03 |
| Year 4 | $5.01 | +7.53% | 1.98% | $18.04 |
| Year 5 | $5.39 | +7.53% | 2.13% | $23.44 |
| Year 6 | $5.80 | +7.53% | 2.29% | $29.23 |
| Year 7 | $6.23 | +7.53% | 2.46% | $35.47 |
| Year 8 | $6.70 | +7.53% | 2.64% | $42.17 |
| Year 9 | $7.21 | +7.53% | 2.84% | $49.38 |
| Year 10 | $7.75 | +7.53% | 3.06% | $57.13 |
| Year 11 | $8.33 | +7.53% | 3.29% | $65.46 |
| Year 12 | $8.96 | +7.53% | 3.53% | $74.42 |
| Year 13 | $9.64 | +7.53% | 3.80% | $84.06 |
| Year 14 | $10.36 | +7.53% | 4.09% | $94.42 |
| Year 15 | $11.14 | +7.53% | 4.39% | $105.56 |
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
