Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.22%.
YIELD ON COST (YOC)
3.22%
HSY now pays $5.64 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(2016-07-26) | $109.54 | 5.15% |
| 5 years ago(2021-08-03) | $179.85 | 3.14% |
| 3 years ago(2023-08-04) | $228.23 | 2.47% |
| 1 year ago(2025-07-29) | $186.23 | 3.03% |
| Buying today(at $175.05) | $175.05 | 3.22% |
Projection: starting from today's 3.22% yield, assuming the dividend keeps compounding at its historical 11.7% rate. Boards set dividends each year, so actual figures will differ.
Today
3.22%
In 3 years
5.18%
In 5 years
7.11%
In 10 years
15.67%
Try your own purchase price, dividend and growth rate for The Hershey Company (HSY).
Starting Yield
3.22%
Ending YOC
16.89%
Year 15 Dividend
$29.57
Cum. Dividends Recd.
$228.85
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $5.64 | N/A | 3.22% | $0.00 |
| Year 1 | $6.30 | +11.68% | 3.60% | $6.30 |
| Year 2 | $7.03 | +11.68% | 4.02% | $13.33 |
| Year 3 | $7.86 | +11.68% | 4.49% | $21.19 |
| Year 4 | $8.77 | +11.68% | 5.01% | $29.96 |
| Year 5 | $9.80 | +11.68% | 5.60% | $39.76 |
| Year 6 | $10.94 | +11.68% | 6.25% | $50.70 |
| Year 7 | $12.22 | +11.68% | 6.98% | $62.93 |
| Year 8 | $13.65 | +11.68% | 7.80% | $76.57 |
| Year 9 | $15.24 | +11.68% | 8.71% | $91.82 |
| Year 10 | $17.02 | +11.68% | 9.72% | $108.84 |
| Year 11 | $19.01 | +11.68% | 10.86% | $127.85 |
| Year 12 | $21.23 | +11.68% | 12.13% | $149.08 |
| Year 13 | $23.71 | +11.68% | 13.55% | $172.79 |
| Year 14 | $26.48 | +11.68% | 15.13% | $199.27 |
| Year 15 | $29.57 | +11.68% | 16.89% | $228.85 |
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
