Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 5.73%.
YIELD ON COST (YOC)
5.73%
HNNA now pays $0.59 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(2016-10-03) | $23.37 | 2.52% |
| 5 years ago(2021-10-05) | $10.07 | 5.86% |
| 3 years ago(2023-10-06) | $6.67 | 8.85% |
| 1 year ago(2025-10-02) | $10.40 | 5.67% |
| Buying today(at $10.43) | $10.43 | 5.73% |
Projection: starting from today's 5.73% yield, assuming the dividend keeps compounding at 0.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
5.73%
In 3 years
5.73%
In 5 years
5.73%
In 10 years
5.73%
Try your own purchase price, dividend and growth rate for Hennessy Advisors, Inc. (HNNA).
Starting Yield
5.66%
Ending YOC
14.55%
Year 15 Dividend
$1.52
Cum. Dividends Recd.
$15.19
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.59 | N/A | 5.66% | $0.00 |
| Year 1 | $0.63 | +6.50% | 6.02% | $0.63 |
| Year 2 | $0.67 | +6.50% | 6.42% | $1.30 |
| Year 3 | $0.71 | +6.50% | 6.83% | $2.01 |
| Year 4 | $0.76 | +6.50% | 7.28% | $2.77 |
| Year 5 | $0.81 | +6.50% | 7.75% | $3.58 |
| Year 6 | $0.86 | +6.50% | 8.25% | $4.44 |
| Year 7 | $0.92 | +6.50% | 8.79% | $5.36 |
| Year 8 | $0.98 | +6.50% | 9.36% | $6.33 |
| Year 9 | $1.04 | +6.50% | 9.97% | $7.37 |
| Year 10 | $1.11 | +6.50% | 10.62% | $8.48 |
| Year 11 | $1.18 | +6.50% | 11.31% | $9.66 |
| Year 12 | $1.26 | +6.50% | 12.04% | $10.91 |
| Year 13 | $1.34 | +6.50% | 12.83% | $12.25 |
| Year 14 | $1.42 | +6.50% | 13.66% | $13.68 |
| Year 15 | $1.52 | +6.50% | 14.55% | $15.19 |
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
