Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.99%.
YIELD ON COST (YOC)
3.99%
INVH 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 |
|---|---|---|
| 5 years ago(2021-08-12) | $39.22 | 3.03% |
| 3 years ago(2023-08-10) | $34.52 | 3.45% |
| 1 year ago(2025-08-11) | $29.90 | 3.98% |
| Buying today(at $29.78) | $29.78 | 3.99% |
Projection: starting from today's 3.99% yield, assuming the dividend keeps compounding at its historical 14.1% rate. Boards set dividends each year, so actual figures will differ.
Today
3.99%
In 3 years
6.81%
In 5 years
9.73%
In 10 years
23.69%
Try your own purchase price, dividend and growth rate for Invitation Homes Inc. (INVH).
Starting Yield
4.00%
Ending YOC
28.90%
Year 15 Dividend
$8.61
Cum. Dividends Recd.
$60.02
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.19 | N/A | 4.00% | $0.00 |
| Year 1 | $1.36 | +14.10% | 4.56% | $1.36 |
| Year 2 | $1.55 | +14.10% | 5.20% | $2.91 |
| Year 3 | $1.77 | +14.10% | 5.94% | $4.67 |
| Year 4 | $2.02 | +14.10% | 6.77% | $6.69 |
| Year 5 | $2.30 | +14.10% | 7.73% | $8.99 |
| Year 6 | $2.63 | +14.10% | 8.82% | $11.62 |
| Year 7 | $3.00 | +14.10% | 10.06% | $14.61 |
| Year 8 | $3.42 | +14.10% | 11.48% | $18.03 |
| Year 9 | $3.90 | +14.10% | 13.10% | $21.93 |
| Year 10 | $4.45 | +14.10% | 14.94% | $26.38 |
| Year 11 | $5.08 | +14.10% | 17.05% | $31.46 |
| Year 12 | $5.79 | +14.10% | 19.46% | $37.26 |
| Year 13 | $6.61 | +14.10% | 22.20% | $43.87 |
| Year 14 | $7.54 | +14.10% | 25.33% | $51.41 |
| Year 15 | $8.61 | +14.10% | 28.90% | $60.02 |
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