Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.86%.
YIELD ON COST (YOC)
0.86%
MBIN now pays $0.43 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 |
|---|---|---|
| 5 years ago(2021-10-05) | $27.79 | 1.55% |
| 3 years ago(2023-10-06) | $27.38 | 1.57% |
| 1 year ago(2025-10-07) | $32.07 | 1.34% |
| Buying today(at $50.09) | $50.09 | 0.86% |
Projection: starting from today's 0.86% yield, assuming the dividend keeps compounding at 12.4% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
0.86%
In 3 years
1.22%
In 5 years
1.54%
In 10 years
2.76%
Try your own purchase price, dividend and growth rate for Merchants Bancorp (MBIN).
Starting Yield
0.86%
Ending YOC
5.38%
Year 15 Dividend
$2.69
Cum. Dividends Recd.
$19.66
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.43 | N/A | 0.86% | $0.00 |
| Year 1 | $0.49 | +13.01% | 0.97% | $0.49 |
| Year 2 | $0.55 | +13.01% | 1.10% | $1.04 |
| Year 3 | $0.62 | +13.01% | 1.24% | $1.66 |
| Year 4 | $0.70 | +13.01% | 1.40% | $2.36 |
| Year 5 | $0.79 | +13.01% | 1.58% | $3.15 |
| Year 6 | $0.90 | +13.01% | 1.79% | $4.05 |
| Year 7 | $1.01 | +13.01% | 2.02% | $5.06 |
| Year 8 | $1.14 | +13.01% | 2.28% | $6.20 |
| Year 9 | $1.29 | +13.01% | 2.58% | $7.49 |
| Year 10 | $1.46 | +13.01% | 2.92% | $8.96 |
| Year 11 | $1.65 | +13.01% | 3.30% | $10.61 |
| Year 12 | $1.87 | +13.01% | 3.72% | $12.47 |
| Year 13 | $2.11 | +13.01% | 4.21% | $14.58 |
| Year 14 | $2.38 | +13.01% | 4.76% | $16.96 |
| Year 15 | $2.69 | +13.01% | 5.38% | $19.66 |
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
