Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 39.55%.
YIELD ON COST (YOC)
39.55%
ICMB now pays $0.28 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(2016-10-06) | $9.33 | 3.00% |
| 5 years ago(2021-10-04) | $5.42 | 5.17% |
| 3 years ago(2023-10-05) | $4.06 | 6.90% |
| 1 year ago(2025-10-03) | $2.99 | 9.36% |
| Buying today(at $0.72) | $0.72 | 39.55% |
Projection: starting from today's 39.55% yield, assuming the dividend keeps compounding at -1.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
39.55%
In 3 years
37.38%
In 5 years
36.00%
In 10 years
32.77%
Try your own purchase price, dividend and growth rate for Investcorp Credit Management BDC, Inc. (ICMB).
Starting Yield
38.74%
Ending YOC
16.17%
Year 15 Dividend
$0.12
Cum. Dividends Recd.
$2.72
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.28 | N/A | 38.74% | $0.00 |
| Year 1 | $0.26 | -5.66% | 36.55% | $0.26 |
| Year 2 | $0.25 | -5.66% | 34.48% | $0.51 |
| Year 3 | $0.24 | -5.66% | 32.53% | $0.75 |
| Year 4 | $0.22 | -5.66% | 30.68% | $0.97 |
| Year 5 | $0.21 | -5.66% | 28.95% | $1.18 |
| Year 6 | $0.20 | -5.66% | 27.31% | $1.38 |
| Year 7 | $0.19 | -5.66% | 25.76% | $1.56 |
| Year 8 | $0.18 | -5.66% | 24.31% | $1.74 |
| Year 9 | $0.17 | -5.66% | 22.93% | $1.90 |
| Year 10 | $0.16 | -5.66% | 21.63% | $2.06 |
| Year 11 | $0.15 | -5.66% | 20.41% | $2.21 |
| Year 12 | $0.14 | -5.66% | 19.25% | $2.35 |
| Year 13 | $0.13 | -5.66% | 18.16% | $2.48 |
| Year 14 | $0.12 | -5.66% | 17.13% | $2.60 |
| Year 15 | $0.12 | -5.66% | 16.17% | $2.72 |
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
