Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.62%.
YIELD ON COST (YOC)
4.62%
HPQ now pays $1.19 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(2016-07-20) | $14.16 | 8.40% |
| 5 years ago(2021-07-28) | $28.47 | 4.18% |
| 3 years ago(2023-07-19) | $32.93 | 3.61% |
| 1 year ago(2025-07-23) | $25.88 | 4.60% |
| Buying today(at $25.75) | $25.75 | 4.62% |
Projection: starting from today's 4.62% yield, assuming the dividend keeps compounding at its historical 10.4% rate. Boards set dividends each year, so actual figures will differ.
Today
4.62%
In 3 years
6.90%
In 5 years
9.01%
In 10 years
17.58%
Try your own purchase price, dividend and growth rate for HP Inc. (HPQ).
Starting Yield
4.62%
Ending YOC
20.47%
Year 15 Dividend
$5.27
Cum. Dividends Recd.
$43.20
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.19 | N/A | 4.62% | $0.00 |
| Year 1 | $1.31 | +10.43% | 5.10% | $1.31 |
| Year 2 | $1.45 | +10.43% | 5.64% | $2.77 |
| Year 3 | $1.60 | +10.43% | 6.22% | $4.37 |
| Year 4 | $1.77 | +10.43% | 6.87% | $6.14 |
| Year 5 | $1.95 | +10.43% | 7.59% | $8.09 |
| Year 6 | $2.16 | +10.43% | 8.38% | $10.25 |
| Year 7 | $2.38 | +10.43% | 9.26% | $12.63 |
| Year 8 | $2.63 | +10.43% | 10.22% | $15.26 |
| Year 9 | $2.91 | +10.43% | 11.29% | $18.17 |
| Year 10 | $3.21 | +10.43% | 12.46% | $21.38 |
| Year 11 | $3.54 | +10.43% | 13.76% | $24.92 |
| Year 12 | $3.91 | +10.43% | 15.20% | $28.84 |
| Year 13 | $4.32 | +10.43% | 16.78% | $33.16 |
| Year 14 | $4.77 | +10.43% | 18.53% | $37.93 |
| Year 15 | $5.27 | +10.43% | 20.47% | $43.20 |
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
