Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.73%.
YIELD ON COST (YOC)
0.73%
GWW now pays $9.27 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(2016-08-03) | $217.35 | 4.27% |
| 5 years ago(2021-08-11) | $445.39 | 2.08% |
| 3 years ago(2023-08-02) | $721.75 | 1.28% |
| 1 year ago(2025-08-06) | $960.27 | 0.97% |
| Buying today(at $1277.55) | $1277.55 | 0.73% |
Projection: starting from today's 0.73% yield, assuming the dividend keeps compounding at its historical 8.3% rate. Boards set dividends each year, so actual figures will differ.
Today
0.73%
In 3 years
1.00%
In 5 years
1.24%
In 10 years
2.13%
Try your own purchase price, dividend and growth rate for W.W. Grainger, Inc. (GWW).
Starting Yield
0.73%
Ending YOC
2.38%
Year 15 Dividend
$30.44
Cum. Dividends Recd.
$277.83
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $9.27 | N/A | 0.73% | $0.00 |
| Year 1 | $10.03 | +8.25% | 0.79% | $10.03 |
| Year 2 | $10.86 | +8.25% | 0.85% | $20.90 |
| Year 3 | $11.76 | +8.25% | 0.92% | $32.66 |
| Year 4 | $12.73 | +8.25% | 1.00% | $45.39 |
| Year 5 | $13.78 | +8.25% | 1.08% | $59.16 |
| Year 6 | $14.92 | +8.25% | 1.17% | $74.08 |
| Year 7 | $16.15 | +8.25% | 1.26% | $90.23 |
| Year 8 | $17.48 | +8.25% | 1.37% | $107.70 |
| Year 9 | $18.92 | +8.25% | 1.48% | $126.63 |
| Year 10 | $20.48 | +8.25% | 1.60% | $147.11 |
| Year 11 | $22.17 | +8.25% | 1.74% | $169.28 |
| Year 12 | $24.00 | +8.25% | 1.88% | $193.28 |
| Year 13 | $25.98 | +8.25% | 2.03% | $219.26 |
| Year 14 | $28.12 | +8.25% | 2.20% | $247.38 |
| Year 15 | $30.44 | +8.25% | 2.38% | $277.83 |
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
