Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 5.07%.
YIELD ON COST (YOC)
5.07%
IP now pays $1.85 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(2016-09-06) | $46.73 | 3.96% |
| 5 years ago(2021-09-14) | $54.68 | 3.38% |
| 3 years ago(2023-09-05) | $34.32 | 5.39% |
| 1 year ago(2025-09-09) | $46.88 | 3.95% |
| Buying today(at $36.31) | $36.31 | 5.07% |
Projection: starting from today's 5.07% yield, assuming the dividend keeps compounding at -0.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
5.07%
In 3 years
4.93%
In 5 years
4.84%
In 10 years
4.62%
Try your own purchase price, dividend and growth rate for International Paper Company (IP).
Starting Yield
5.09%
Ending YOC
4.39%
Year 15 Dividend
$1.60
Cum. Dividends Recd.
$25.67
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.85 | N/A | 5.09% | $0.00 |
| Year 1 | $1.83 | -0.98% | 5.04% | $1.83 |
| Year 2 | $1.81 | -0.98% | 4.99% | $3.65 |
| Year 3 | $1.80 | -0.98% | 4.95% | $5.44 |
| Year 4 | $1.78 | -0.98% | 4.90% | $7.22 |
| Year 5 | $1.76 | -0.98% | 4.85% | $8.98 |
| Year 6 | $1.74 | -0.98% | 4.80% | $10.73 |
| Year 7 | $1.73 | -0.98% | 4.75% | $12.45 |
| Year 8 | $1.71 | -0.98% | 4.71% | $14.16 |
| Year 9 | $1.69 | -0.98% | 4.66% | $15.86 |
| Year 10 | $1.68 | -0.98% | 4.62% | $17.53 |
| Year 11 | $1.66 | -0.98% | 4.57% | $19.19 |
| Year 12 | $1.64 | -0.98% | 4.53% | $20.84 |
| Year 13 | $1.63 | -0.98% | 4.48% | $22.46 |
| Year 14 | $1.61 | -0.98% | 4.44% | $24.07 |
| Year 15 | $1.60 | -0.98% | 4.39% | $25.67 |
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
