Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.83%.
YIELD ON COST (YOC)
2.83%
HP now pays $1.00 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) | $66.58 | 1.50% |
| 5 years ago(2021-07-27) | $29.40 | 3.40% |
| 3 years ago(2023-07-28) | $44.45 | 2.25% |
| 1 year ago(2025-07-22) | $15.93 | 6.28% |
| Buying today(at $35.34) | $35.34 | 2.83% |
Projection: starting from today's 2.83% yield, assuming the dividend keeps compounding at its historical -12.2% rate. Boards set dividends each year, so actual figures will differ.
Today
2.83%
In 3 years
2.83%
In 5 years
2.83%
In 10 years
2.83%
Try your own purchase price, dividend and growth rate for Helmerich & Payne, Inc. (HP).
Starting Yield
2.83%
Ending YOC
0.40%
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 | N/A | 2.83% | $0.00 |
| Year 1 | $0.88 | +-12.23% | 2.48% | $0.88 |
| Year 2 | $0.77 | +-12.23% | 2.18% | $1.65 |
| Year 3 | $0.68 | +-12.23% | 1.91% | $2.32 |
| Year 4 | $0.59 | +-12.23% | 1.68% | $2.92 |
| Year 5 | $0.52 | +-12.23% | 1.47% | $3.44 |
| Year 6 | $0.46 | +-12.23% | 1.29% | $3.90 |
| Year 7 | $0.40 | +-12.23% | 1.14% | $4.30 |
| Year 8 | $0.35 | +-12.23% | 1.00% | $4.65 |
| Year 9 | $0.31 | +-12.23% | 0.87% | $4.96 |
| Year 10 | $0.27 | +-12.23% | 0.77% | $5.23 |
| Year 11 | $0.24 | +-12.23% | 0.67% | $5.47 |
| Year 12 | $0.21 | +-12.23% | 0.59% | $5.68 |
| Year 13 | $0.18 | +-12.23% | 0.52% | $5.86 |
| Year 14 | $0.16 | +-12.23% | 0.46% | $6.02 |
| Year 15 | $0.14 | +-12.23% | 0.40% | $6.16 |
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
