Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.78%.
YIELD ON COST (YOC)
2.78%
IRM now pays $3.38 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(2016-08-04) | $37.95 | 8.91% |
| 5 years ago(2021-08-12) | $46.55 | 7.26% |
| 3 years ago(2023-08-15) | $59.67 | 5.66% |
| 1 year ago(2025-08-07) | $91.83 | 3.68% |
| Buying today(at $122.39) | $122.39 | 2.78% |
Projection: starting from today's 2.78% yield, assuming the dividend keeps compounding at its historical 4.4% rate. Boards set dividends each year, so actual figures will differ.
Today
2.78%
In 3 years
3.45%
In 5 years
3.98%
In 10 years
5.70%
Try your own purchase price, dividend and growth rate for Iron Mountain Incorporated (IRM).
Starting Yield
2.76%
Ending YOC
5.28%
Year 15 Dividend
$6.46
Cum. Dividends Recd.
$72.86
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.38 | N/A | 2.76% | $0.00 |
| Year 1 | $3.53 | +4.41% | 2.88% | $3.53 |
| Year 2 | $3.68 | +4.41% | 3.01% | $7.21 |
| Year 3 | $3.85 | +4.41% | 3.14% | $11.06 |
| Year 4 | $4.02 | +4.41% | 3.28% | $15.08 |
| Year 5 | $4.19 | +4.41% | 3.43% | $19.27 |
| Year 6 | $4.38 | +4.41% | 3.58% | $23.65 |
| Year 7 | $4.57 | +4.41% | 3.74% | $28.22 |
| Year 8 | $4.77 | +4.41% | 3.90% | $33.00 |
| Year 9 | $4.98 | +4.41% | 4.07% | $37.98 |
| Year 10 | $5.20 | +4.41% | 4.25% | $43.18 |
| Year 11 | $5.43 | +4.41% | 4.44% | $48.62 |
| Year 12 | $5.67 | +4.41% | 4.64% | $54.29 |
| Year 13 | $5.92 | +4.41% | 4.84% | $60.21 |
| Year 14 | $6.18 | +4.41% | 5.05% | $66.40 |
| Year 15 | $6.46 | +4.41% | 5.28% | $72.86 |
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
