Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.74%.
YIELD ON COST (YOC)
0.74%
GWW now pays $9.50 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(2016-09-08) | $229.48 | 4.14% |
| 5 years ago(2021-09-16) | $409.06 | 2.32% |
| 3 years ago(2023-09-07) | $691.79 | 1.37% |
| 1 year ago(2025-09-11) | $1,014.69 | 0.94% |
| Buying today(at $1270.67) | $1270.67 | 0.74% |
Projection: starting from today's 0.74% yield, assuming the dividend keeps compounding at 8.7% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
0.74%
In 3 years
0.95%
In 5 years
1.11%
In 10 years
1.67%
Try your own purchase price, dividend and growth rate for W.W. Grainger, Inc. (GWW).
Starting Yield
0.75%
Ending YOC
2.46%
Year 15 Dividend
$31.20
Cum. Dividends Recd.
$284.72
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $9.50 | N/A | 0.75% | $0.00 |
| Year 1 | $10.28 | +8.25% | 0.81% | $10.28 |
| Year 2 | $11.13 | +8.25% | 0.88% | $21.42 |
| Year 3 | $12.05 | +8.25% | 0.95% | $33.47 |
| Year 4 | $13.04 | +8.25% | 1.03% | $46.51 |
| Year 5 | $14.12 | +8.25% | 1.11% | $60.63 |
| Year 6 | $15.29 | +8.25% | 1.20% | $75.92 |
| Year 7 | $16.55 | +8.25% | 1.30% | $92.47 |
| Year 8 | $17.91 | +8.25% | 1.41% | $110.38 |
| Year 9 | $19.39 | +8.25% | 1.53% | $129.77 |
| Year 10 | $20.99 | +8.25% | 1.65% | $150.76 |
| Year 11 | $22.72 | +8.25% | 1.79% | $173.48 |
| Year 12 | $24.60 | +8.25% | 1.94% | $198.07 |
| Year 13 | $26.62 | +8.25% | 2.10% | $224.70 |
| Year 14 | $28.82 | +8.25% | 2.27% | $253.52 |
| Year 15 | $31.20 | +8.25% | 2.46% | $284.72 |
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
