Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.17%.
YIELD ON COST (YOC)
0.17%
HWM now pays $0.48 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(2016-07-29) | $22.99 | 2.09% |
| 5 years ago(2021-08-06) | $31.74 | 1.51% |
| 3 years ago(2023-08-09) | $49.79 | 0.96% |
| 1 year ago(2025-08-01) | $184.26 | 0.26% |
| Buying today(at $289.78) | $289.78 | 0.17% |
Projection: starting from today's 0.17% yield, assuming the dividend keeps compounding at its historical 85.6% rate. Boards set dividends each year, so actual figures will differ.
Today
0.17%
In 3 years
1.83%
In 5 years
9.06%
In 10 years
493.01%
Try your own purchase price, dividend and growth rate for Howmet Aerospace Inc. (HWM).
Starting Yield
0.17%
Ending YOC
1766.61%
Year 15 Dividend
$5119.28
Cum. Dividends Recd.
$11100.10
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.48 | N/A | 0.17% | $0.00 |
| Year 1 | $0.89 | +85.58% | 0.31% | $0.89 |
| Year 2 | $1.65 | +85.58% | 0.57% | $2.54 |
| Year 3 | $3.07 | +85.58% | 1.06% | $5.61 |
| Year 4 | $5.69 | +85.58% | 1.96% | $11.31 |
| Year 5 | $10.57 | +85.58% | 3.65% | $21.87 |
| Year 6 | $19.61 | +85.58% | 6.77% | $41.48 |
| Year 7 | $36.39 | +85.58% | 12.56% | $77.87 |
| Year 8 | $67.53 | +85.58% | 23.30% | $145.40 |
| Year 9 | $125.32 | +85.58% | 43.25% | $270.72 |
| Year 10 | $232.57 | +85.58% | 80.26% | $503.29 |
| Year 11 | $431.60 | +85.58% | 148.94% | $934.89 |
| Year 12 | $800.97 | +85.58% | 276.41% | $1735.86 |
| Year 13 | $1486.44 | +85.58% | 512.95% | $3222.29 |
| Year 14 | $2758.53 | +85.58% | 951.94% | $5980.82 |
| Year 15 | $5119.28 | +85.58% | 1766.61% | $11100.10 |
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