Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.78%.
YIELD ON COST (YOC)
4.78%
HPQ now pays $1.49 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(2016-09-12) | $14.49 | 10.28% |
| 5 years ago(2021-09-08) | $28.19 | 5.29% |
| 3 years ago(2023-09-11) | $29.56 | 5.04% |
| 1 year ago(2025-09-03) | $28.70 | 5.19% |
| Buying today(at $32.39) | $32.39 | 4.78% |
Projection: starting from today's 4.78% yield, assuming the dividend keeps compounding at 8.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.78%
In 3 years
6.17%
In 5 years
7.31%
In 10 years
11.18%
Try your own purchase price, dividend and growth rate for HP Inc. (HPQ).
Starting Yield
4.60%
Ending YOC
19.45%
Year 15 Dividend
$6.30
Cum. Dividends Recd.
$52.49
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.49 | N/A | 4.60% | $0.00 |
| Year 1 | $1.64 | +10.09% | 5.06% | $1.64 |
| Year 2 | $1.81 | +10.09% | 5.58% | $3.45 |
| Year 3 | $1.99 | +10.09% | 6.14% | $5.43 |
| Year 4 | $2.19 | +10.09% | 6.76% | $7.62 |
| Year 5 | $2.41 | +10.09% | 7.44% | $10.03 |
| Year 6 | $2.65 | +10.09% | 8.19% | $12.69 |
| Year 7 | $2.92 | +10.09% | 9.02% | $15.61 |
| Year 8 | $3.21 | +10.09% | 9.93% | $18.82 |
| Year 9 | $3.54 | +10.09% | 10.93% | $22.36 |
| Year 10 | $3.90 | +10.09% | 12.03% | $26.26 |
| Year 11 | $4.29 | +10.09% | 13.24% | $30.55 |
| Year 12 | $4.72 | +10.09% | 14.58% | $35.27 |
| Year 13 | $5.20 | +10.09% | 16.05% | $40.47 |
| Year 14 | $5.72 | +10.09% | 17.67% | $46.19 |
| Year 15 | $6.30 | +10.09% | 19.45% | $52.49 |
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
