Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.21%.
YIELD ON COST (YOC)
1.21%
IRDM now pays $0.60 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(2016-08-12) | $8.52 | 7.04% |
| 5 years ago(2021-08-16) | $40.26 | 1.49% |
| 3 years ago(2023-08-11) | $50.90 | 1.18% |
| 1 year ago(2025-08-11) | $23.76 | 2.53% |
| Buying today(at $50.20) | $50.20 | 1.21% |
Try your own purchase price, dividend and growth rate for Iridium Communications Inc. (IRDM).
Starting Yield
1.20%
Ending YOC
3.79%
Year 15 Dividend
$1.90
Cum. Dividends Recd.
$17.59
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.60 | N/A | 1.20% | $0.00 |
| Year 1 | $0.65 | +8.00% | 1.29% | $0.65 |
| Year 2 | $0.70 | +8.00% | 1.39% | $1.35 |
| Year 3 | $0.76 | +8.00% | 1.51% | $2.10 |
| Year 4 | $0.82 | +8.00% | 1.63% | $2.92 |
| Year 5 | $0.88 | +8.00% | 1.76% | $3.80 |
| Year 6 | $0.95 | +8.00% | 1.90% | $4.75 |
| Year 7 | $1.03 | +8.00% | 2.05% | $5.78 |
| Year 8 | $1.11 | +8.00% | 2.21% | $6.89 |
| Year 9 | $1.20 | +8.00% | 2.39% | $8.09 |
| Year 10 | $1.30 | +8.00% | 2.58% | $9.39 |
| Year 11 | $1.40 | +8.00% | 2.79% | $10.79 |
| Year 12 | $1.51 | +8.00% | 3.01% | $12.30 |
| Year 13 | $1.63 | +8.00% | 3.25% | $13.93 |
| Year 14 | $1.76 | +8.00% | 3.51% | $15.69 |
| Year 15 | $1.90 | +8.00% | 3.79% | $17.59 |
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
