Helmerich & Payne, Inc. (HP) Yield on Cost (YOC): 2.54%
The yield on cost (YOC) for Helmerich & Payne, Inc. (HP) is 2.54%.
HP Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
2.54%
Forward Yield on Cost Projections
If you buy HP today at the current stock price of $39.39 with a yield of 2.54% and dividends continue to grow at the historical rate (-12.2% CAGR), your YOC would be:
Current Yield
2.54%
YOC in 3 Years
2.54%
YOC in 5 Years
2.54%
YOC in 10 Years
2.54%
Interactive Yield on Cost Calculator
Project custom investment returns for Helmerich & Payne, Inc. (HP) based on your custom cost basis.
Starting Yield
2.54%
Ending YOC
0.36%
Year 15 Dividend
$0.14
Cum. Dividends Recd.
$6.16
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.00 | — | 2.54% | $0.00 |
| Year 1 | $0.88 | +-12.23% | 2.23% | $0.88 |
| Year 2 | $0.77 | +-12.23% | 1.96% | $1.65 |
| Year 3 | $0.68 | +-12.23% | 1.72% | $2.32 |
| Year 4 | $0.59 | +-12.23% | 1.51% | $2.92 |
| Year 5 | $0.52 | +-12.23% | 1.32% | $3.44 |
| Year 6 | $0.46 | +-12.23% | 1.16% | $3.90 |
| Year 7 | $0.40 | +-12.23% | 1.02% | $4.30 |
| Year 8 | $0.35 | +-12.23% | 0.89% | $4.65 |
| Year 9 | $0.31 | +-12.23% | 0.78% | $4.96 |
| Year 10 | $0.27 | +-12.23% | 0.69% | $5.23 |
| Year 11 | $0.24 | +-12.23% | 0.60% | $5.47 |
| Year 12 | $0.21 | +-12.23% | 0.53% | $5.68 |
| Year 13 | $0.18 | +-12.23% | 0.47% | $5.86 |
| Year 14 | $0.16 | +-12.23% | 0.41% | $6.02 |
| Year 15 | $0.14 | +-12.23% | 0.36% | $6.16 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
Helmerich & Payne, Inc. Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Helmerich & Payne, Inc. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Helmerich & Payne, Inc. (HP)?
- The yield on cost (YOC) for HP stock is 2.54%.
About Helmerich & Payne, Inc.
Helmerich & Payne, Inc., along with its affiliated companies, provides specialized drilling services and innovative solutions to businesses involved in the exploration and production of oil and gas. The company's operations are strategically organized into three distinct divisions: North America Solutions, Offshore Gulf of Mexico, and International Solutions. Within the North America Solutions segment, primary drilling activities are conducted across a broad geographical area, encompassing U.S. states such as Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. This division also actively pursues the development, promotion, and commercialization of advanced technologies designed to enhance drilling efficiency, wellbore quality, and accurate placement. The Offshore Gulf of Mexico segment focuses its drilling endeavors in Louisiana and within the federal waters of the U.S. Gulf of Mexico. Internationally, the Solutions segment manages drilling projects in various countries, including Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2021, Helmerich & Payne commanded a substantial fleet, featuring 236 land rigs situated in North America, 30 land rigs operating internationally, and 7 offshore platform rigs. Beyond its core drilling operations, the company also maintains an interest in commercial real estate. Its property portfolio in Tulsa, Oklahoma, comprises a shopping center offering approximately 390,000 square feet of leasable space, alongside about 176 acres of undeveloped land. Helmerich & Payne, Inc. was founded in 1920 and continues to maintain its corporate headquarters in Tulsa, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- CEO
- Raymond John Adams