Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.38%.
YIELD ON COST (YOC)
1.38%
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(2016-09-12) | $47.86 | 7.84% |
| 5 years ago(2021-09-14) | $169.47 | 2.21% |
| 3 years ago(2023-09-06) | $103.66 | 3.62% |
| 1 year ago(2025-09-10) | $235.96 | 1.59% |
| Buying today(at $282.67) | $282.67 | 1.38% |
Projection: starting from today's 1.38% yield, assuming the dividend keeps compounding at 7.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.38%
In 3 years
1.69%
In 5 years
1.94%
In 10 years
2.74%
Try your own purchase price, dividend and growth rate for Garmin Ltd. (GRMN).
Starting Yield
1.33%
Ending YOC
3.94%
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 | 1.33% | $0.00 |
| Year 1 | $4.03 | +7.53% | 1.43% | $4.03 |
| Year 2 | $4.34 | +7.53% | 1.53% | $8.37 |
| Year 3 | $4.66 | +7.53% | 1.65% | $13.03 |
| Year 4 | $5.01 | +7.53% | 1.77% | $18.04 |
| Year 5 | $5.39 | +7.53% | 1.91% | $23.44 |
| Year 6 | $5.80 | +7.53% | 2.05% | $29.23 |
| Year 7 | $6.23 | +7.53% | 2.21% | $35.47 |
| Year 8 | $6.70 | +7.53% | 2.37% | $42.17 |
| Year 9 | $7.21 | +7.53% | 2.55% | $49.38 |
| Year 10 | $7.75 | +7.53% | 2.74% | $57.13 |
| Year 11 | $8.33 | +7.53% | 2.95% | $65.46 |
| Year 12 | $8.96 | +7.53% | 3.17% | $74.42 |
| Year 13 | $9.64 | +7.53% | 3.41% | $84.06 |
| Year 14 | $10.36 | +7.53% | 3.67% | $94.42 |
| Year 15 | $11.14 | +7.53% | 3.94% | $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
