Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.39%.
YIELD ON COST (YOC)
4.39%
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(2016-07-21) | $42.50 | 4.35% |
| 5 years ago(2021-07-19) | $54.70 | 3.38% |
| 3 years ago(2023-07-20) | $31.61 | 5.85% |
| 1 year ago(2025-07-24) | $54.80 | 3.38% |
| Buying today(at $42.16) | $42.16 | 4.39% |
Projection: starting from today's 4.39% yield, assuming the dividend keeps compounding at its historical -1.0% rate. Boards set dividends each year, so actual figures will differ.
Today
4.39%
In 3 years
4.23%
In 5 years
4.13%
In 10 years
3.88%
Try your own purchase price, dividend and growth rate for International Paper Company (IP).
Starting Yield
4.39%
Ending YOC
3.79%
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 | 4.39% | $0.00 |
| Year 1 | $1.83 | +-0.98% | 4.35% | $1.83 |
| Year 2 | $1.81 | +-0.98% | 4.30% | $3.65 |
| Year 3 | $1.80 | +-0.98% | 4.26% | $5.44 |
| Year 4 | $1.78 | +-0.98% | 4.22% | $7.22 |
| Year 5 | $1.76 | +-0.98% | 4.18% | $8.98 |
| Year 6 | $1.74 | +-0.98% | 4.14% | $10.73 |
| Year 7 | $1.73 | +-0.98% | 4.10% | $12.45 |
| Year 8 | $1.71 | +-0.98% | 4.06% | $14.16 |
| Year 9 | $1.69 | +-0.98% | 4.02% | $15.86 |
| Year 10 | $1.68 | +-0.98% | 3.98% | $17.53 |
| Year 11 | $1.66 | +-0.98% | 3.94% | $19.19 |
| Year 12 | $1.64 | +-0.98% | 3.90% | $20.84 |
| Year 13 | $1.63 | +-0.98% | 3.86% | $22.46 |
| Year 14 | $1.61 | +-0.98% | 3.82% | $24.07 |
| Year 15 | $1.60 | +-0.98% | 3.79% | $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
