Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.87%.
YIELD ON COST (YOC)
3.87%
HON now pays $9.40 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 |
|---|---|---|
| 10 years ago(2016-07-19) | $113.62 | 8.27% |
| 5 years ago(2021-07-27) | $230.36 | 4.08% |
| 3 years ago(2023-07-28) | $195.19 | 4.82% |
| 1 year ago(2025-07-22) | $236.58 | 3.97% |
| Buying today(at $243.15) | $243.15 | 3.87% |
Projection: starting from today's 3.87% yield, assuming the dividend keeps compounding at its historical 4.8% rate. Boards set dividends each year, so actual figures will differ.
Today
3.87%
In 3 years
4.70%
In 5 years
5.35%
In 10 years
7.40%
Try your own purchase price, dividend and growth rate for Honeywell International Inc. (HON).
Starting Yield
3.87%
Ending YOC
7.77%
Year 15 Dividend
$18.88
Cum. Dividends Recd.
$208.70
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $9.40 | N/A | 3.87% | $0.00 |
| Year 1 | $9.85 | +4.76% | 4.05% | $9.85 |
| Year 2 | $10.32 | +4.76% | 4.24% | $20.16 |
| Year 3 | $10.81 | +4.76% | 4.44% | $30.97 |
| Year 4 | $11.32 | +4.76% | 4.66% | $42.29 |
| Year 5 | $11.86 | +4.76% | 4.88% | $54.15 |
| Year 6 | $12.43 | +4.76% | 5.11% | $66.58 |
| Year 7 | $13.02 | +4.76% | 5.35% | $79.59 |
| Year 8 | $13.64 | +4.76% | 5.61% | $93.23 |
| Year 9 | $14.29 | +4.76% | 5.88% | $107.52 |
| Year 10 | $14.97 | +4.76% | 6.15% | $122.48 |
| Year 11 | $15.68 | +4.76% | 6.45% | $138.16 |
| Year 12 | $16.42 | +4.76% | 6.75% | $154.58 |
| Year 13 | $17.21 | +4.76% | 7.08% | $171.79 |
| Year 14 | $18.02 | +4.76% | 7.41% | $189.81 |
| Year 15 | $18.88 | +4.76% | 7.77% | $208.70 |
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