Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.76%.
YIELD ON COST (YOC)
3.76%
KMI now pays $1.17 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(2016-08-08) | $20.78 | 5.63% |
| 5 years ago(2021-08-04) | $17.14 | 6.83% |
| 3 years ago(2023-08-07) | $17.38 | 6.73% |
| 1 year ago(2025-08-05) | $28.04 | 4.17% |
| Buying today(at $30.85) | $30.85 | 3.76% |
Projection: starting from today's 3.76% yield, assuming the dividend keeps compounding at its historical 2.4% rate. Boards set dividends each year, so actual figures will differ.
Today
3.76%
In 3 years
4.08%
In 5 years
4.31%
In 10 years
4.95%
Try your own purchase price, dividend and growth rate for Kinder Morgan, Inc. (KMI).
Starting Yield
3.79%
Ending YOC
5.37%
Year 15 Dividend
$1.66
Cum. Dividends Recd.
$21.24
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.17 | N/A | 3.79% | $0.00 |
| Year 1 | $1.20 | +2.35% | 3.88% | $1.20 |
| Year 2 | $1.23 | +2.35% | 3.97% | $2.42 |
| Year 3 | $1.25 | +2.35% | 4.07% | $3.68 |
| Year 4 | $1.28 | +2.35% | 4.16% | $4.96 |
| Year 5 | $1.31 | +2.35% | 4.26% | $6.28 |
| Year 6 | $1.34 | +2.35% | 4.36% | $7.62 |
| Year 7 | $1.38 | +2.35% | 4.46% | $9.00 |
| Year 8 | $1.41 | +2.35% | 4.57% | $10.41 |
| Year 9 | $1.44 | +2.35% | 4.67% | $11.85 |
| Year 10 | $1.48 | +2.35% | 4.78% | $13.32 |
| Year 11 | $1.51 | +2.35% | 4.90% | $14.83 |
| Year 12 | $1.55 | +2.35% | 5.01% | $16.38 |
| Year 13 | $1.58 | +2.35% | 5.13% | $17.96 |
| Year 14 | $1.62 | +2.35% | 5.25% | $19.58 |
| Year 15 | $1.66 | +2.35% | 5.37% | $21.24 |
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
