Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.60%.
YIELD ON COST (YOC)
4.60%
HRL now pays $1.17 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) | $36.84 | 3.18% |
| 5 years ago(2021-07-28) | $46.91 | 2.49% |
| 3 years ago(2023-07-19) | $39.56 | 2.96% |
| 1 year ago(2025-07-23) | $29.52 | 3.96% |
| Buying today(at $25.31) | $25.31 | 4.60% |
Projection: starting from today's 4.60% yield, assuming the dividend keeps compounding at its historical 4.5% rate. Boards set dividends each year, so actual figures will differ.
Today
4.60%
In 3 years
5.45%
In 5 years
6.10%
In 10 years
8.07%
Try your own purchase price, dividend and growth rate for Hormel Foods Corporation (HRL).
Starting Yield
4.62%
Ending YOC
8.97%
Year 15 Dividend
$2.27
Cum. Dividends Recd.
$25.45
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.17 | N/A | 4.62% | $0.00 |
| Year 1 | $1.22 | +4.52% | 4.83% | $1.22 |
| Year 2 | $1.28 | +4.52% | 5.05% | $2.50 |
| Year 3 | $1.34 | +4.52% | 5.28% | $3.84 |
| Year 4 | $1.40 | +4.52% | 5.52% | $5.23 |
| Year 5 | $1.46 | +4.52% | 5.77% | $6.69 |
| Year 6 | $1.53 | +4.52% | 6.03% | $8.22 |
| Year 7 | $1.59 | +4.52% | 6.30% | $9.81 |
| Year 8 | $1.67 | +4.52% | 6.58% | $11.48 |
| Year 9 | $1.74 | +4.52% | 6.88% | $13.22 |
| Year 10 | $1.82 | +4.52% | 7.19% | $15.04 |
| Year 11 | $1.90 | +4.52% | 7.52% | $16.94 |
| Year 12 | $1.99 | +4.52% | 7.86% | $18.93 |
| Year 13 | $2.08 | +4.52% | 8.21% | $21.01 |
| Year 14 | $2.17 | +4.52% | 8.58% | $23.18 |
| Year 15 | $2.27 | +4.52% | 8.97% | $25.45 |
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
