Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.37%.
YIELD ON COST (YOC)
2.37%
LOW now pays $4.85 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(2016-08-30) | $76.56 | 6.33% |
| 5 years ago(2021-09-08) | $204.09 | 2.38% |
| 3 years ago(2023-08-29) | $226.41 | 2.14% |
| 1 year ago(2025-09-03) | $260.68 | 1.86% |
| Buying today(at $204.45) | $204.45 | 2.37% |
Projection: starting from today's 2.37% yield, assuming the dividend keeps compounding at 13.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.37%
In 3 years
3.50%
In 5 years
4.53%
In 10 years
8.66%
Try your own purchase price, dividend and growth rate for Lowe's Companies, Inc. (LOW).
Starting Yield
2.37%
Ending YOC
21.64%
Year 15 Dividend
$44.25
Cum. Dividends Recd.
$287.48
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.85 | N/A | 2.37% | $0.00 |
| Year 1 | $5.62 | +15.88% | 2.75% | $5.62 |
| Year 2 | $6.51 | +15.88% | 3.19% | $12.13 |
| Year 3 | $7.55 | +15.88% | 3.69% | $19.68 |
| Year 4 | $8.75 | +15.88% | 4.28% | $28.43 |
| Year 5 | $10.13 | +15.88% | 4.96% | $38.56 |
| Year 6 | $11.74 | +15.88% | 5.74% | $50.30 |
| Year 7 | $13.61 | +15.88% | 6.66% | $63.91 |
| Year 8 | $15.77 | +15.88% | 7.71% | $79.68 |
| Year 9 | $18.27 | +15.88% | 8.94% | $97.95 |
| Year 10 | $21.18 | +15.88% | 10.36% | $119.13 |
| Year 11 | $24.54 | +15.88% | 12.00% | $143.67 |
| Year 12 | $28.43 | +15.88% | 13.91% | $172.10 |
| Year 13 | $32.95 | +15.88% | 16.12% | $205.05 |
| Year 14 | $38.18 | +15.88% | 18.68% | $243.23 |
| Year 15 | $44.25 | +15.88% | 21.64% | $287.48 |
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
