Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.56%.
YIELD ON COST (YOC)
1.56%
HNVR now pays $0.40 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 |
|---|---|---|
| 3 years ago(2023-10-05) | $17.83 | 2.24% |
| 1 year ago(2025-10-03) | $22.02 | 1.82% |
| Buying today(at $25.52) | $25.52 | 1.56% |
Projection: starting from today's 1.56% yield, assuming the dividend keeps compounding at 10.1% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.56%
In 3 years
2.08%
In 5 years
2.52%
In 10 years
4.06%
Try your own purchase price, dividend and growth rate for Hanover Bancorp, Inc. (HNVR).
Starting Yield
1.57%
Ending YOC
4.97%
Year 15 Dividend
$1.27
Cum. Dividends Recd.
$11.73
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.40 | N/A | 1.57% | $0.00 |
| Year 1 | $0.43 | +8.00% | 1.69% | $0.43 |
| Year 2 | $0.47 | +8.00% | 1.83% | $0.90 |
| Year 3 | $0.50 | +8.00% | 1.97% | $1.40 |
| Year 4 | $0.54 | +8.00% | 2.13% | $1.95 |
| Year 5 | $0.59 | +8.00% | 2.30% | $2.53 |
| Year 6 | $0.63 | +8.00% | 2.49% | $3.17 |
| Year 7 | $0.69 | +8.00% | 2.69% | $3.85 |
| Year 8 | $0.74 | +8.00% | 2.90% | $4.60 |
| Year 9 | $0.80 | +8.00% | 3.13% | $5.39 |
| Year 10 | $0.86 | +8.00% | 3.38% | $6.26 |
| Year 11 | $0.93 | +8.00% | 3.65% | $7.19 |
| Year 12 | $1.01 | +8.00% | 3.95% | $8.20 |
| Year 13 | $1.09 | +8.00% | 4.26% | $9.29 |
| Year 14 | $1.17 | +8.00% | 4.60% | $10.46 |
| Year 15 | $1.27 | +8.00% | 4.97% | $11.73 |
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
