Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.63%.
YIELD ON COST (YOC)
2.63%
LMT now pays $13.80 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(2016-08-30) | $239.45 | 5.76% |
| 5 years ago(2021-09-08) | $351.46 | 3.93% |
| 3 years ago(2023-08-29) | $448.40 | 3.08% |
| 1 year ago(2025-09-03) | $449.06 | 3.07% |
| Buying today(at $536.15) | $536.15 | 2.63% |
Projection: starting from today's 2.63% yield, assuming the dividend keeps compounding at 5.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.63%
In 3 years
3.12%
In 5 years
3.51%
In 10 years
4.68%
Try your own purchase price, dividend and growth rate for Lockheed Martin Corporation (LMT).
Starting Yield
2.57%
Ending YOC
6.51%
Year 15 Dividend
$34.90
Cum. Dividends Recd.
$351.76
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $13.80 | N/A | 2.57% | $0.00 |
| Year 1 | $14.68 | +6.38% | 2.74% | $14.68 |
| Year 2 | $15.62 | +6.38% | 2.91% | $30.30 |
| Year 3 | $16.61 | +6.38% | 3.10% | $46.91 |
| Year 4 | $17.67 | +6.38% | 3.30% | $64.58 |
| Year 5 | $18.80 | +6.38% | 3.51% | $83.39 |
| Year 6 | $20.00 | +6.38% | 3.73% | $103.39 |
| Year 7 | $21.28 | +6.38% | 3.97% | $124.66 |
| Year 8 | $22.63 | +6.38% | 4.22% | $147.30 |
| Year 9 | $24.08 | +6.38% | 4.49% | $171.37 |
| Year 10 | $25.61 | +6.38% | 4.78% | $196.99 |
| Year 11 | $27.25 | +6.38% | 5.08% | $224.24 |
| Year 12 | $28.99 | +6.38% | 5.41% | $253.22 |
| Year 13 | $30.84 | +6.38% | 5.75% | $284.06 |
| Year 14 | $32.80 | +6.38% | 6.12% | $316.86 |
| Year 15 | $34.90 | +6.38% | 6.51% | $351.76 |
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
