Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.78%.
YIELD ON COST (YOC)
2.78%
HD now pays $9.26 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(2016-07-20) | $137.41 | 6.74% |
| 5 years ago(2021-07-28) | $325.52 | 2.84% |
| 3 years ago(2023-07-19) | $319.48 | 2.90% |
| 1 year ago(2025-07-23) | $376.35 | 2.46% |
| Buying today(at $332.98) | $332.98 | 2.78% |
Projection: starting from today's 2.78% yield, assuming the dividend keeps compounding at its historical 8.9% rate. Boards set dividends each year, so actual figures will differ.
Today
2.78%
In 3 years
3.88%
In 5 years
4.84%
In 10 years
8.41%
Try your own purchase price, dividend and growth rate for The Home Depot, Inc. (HD).
Starting Yield
2.78%
Ending YOC
10.03%
Year 15 Dividend
$33.41
Cum. Dividends Recd.
$294.54
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $9.26 | N/A | 2.78% | $0.00 |
| Year 1 | $10.09 | +8.93% | 3.03% | $10.09 |
| Year 2 | $10.99 | +8.93% | 3.30% | $21.07 |
| Year 3 | $11.97 | +8.93% | 3.59% | $33.04 |
| Year 4 | $13.04 | +8.93% | 3.92% | $46.08 |
| Year 5 | $14.20 | +8.93% | 4.27% | $60.28 |
| Year 6 | $15.47 | +8.93% | 4.65% | $75.75 |
| Year 7 | $16.85 | +8.93% | 5.06% | $92.61 |
| Year 8 | $18.36 | +8.93% | 5.51% | $110.96 |
| Year 9 | $20.00 | +8.93% | 6.01% | $130.96 |
| Year 10 | $21.78 | +8.93% | 6.54% | $152.74 |
| Year 11 | $23.73 | +8.93% | 7.13% | $176.47 |
| Year 12 | $25.85 | +8.93% | 7.76% | $202.31 |
| Year 13 | $28.15 | +8.93% | 8.45% | $230.46 |
| Year 14 | $30.67 | +8.93% | 9.21% | $261.13 |
| Year 15 | $33.41 | +8.93% | 10.03% | $294.54 |
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
