Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 8.34%.
YIELD ON COST (YOC)
8.34%
MBINL now pays $1.91 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 |
|---|---|---|
| 1 year ago(2025-10-06) | $23.08 | 8.28% |
| Buying today(at $23.24) | $23.24 | 8.34% |
Try your own purchase price, dividend and growth rate for Merchants Bancorp (MBINL).
Starting Yield
8.22%
Ending YOC
26.07%
Year 15 Dividend
$6.06
Cum. Dividends Recd.
$56.01
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.91 | N/A | 8.22% | $0.00 |
| Year 1 | $2.06 | +8.00% | 8.88% | $2.06 |
| Year 2 | $2.23 | +8.00% | 9.59% | $4.29 |
| Year 3 | $2.41 | +8.00% | 10.35% | $6.70 |
| Year 4 | $2.60 | +8.00% | 11.18% | $9.30 |
| Year 5 | $2.81 | +8.00% | 12.08% | $12.10 |
| Year 6 | $3.03 | +8.00% | 13.04% | $15.13 |
| Year 7 | $3.27 | +8.00% | 14.09% | $18.41 |
| Year 8 | $3.54 | +8.00% | 15.21% | $21.94 |
| Year 9 | $3.82 | +8.00% | 16.43% | $25.76 |
| Year 10 | $4.12 | +8.00% | 17.74% | $29.88 |
| Year 11 | $4.45 | +8.00% | 19.16% | $34.34 |
| Year 12 | $4.81 | +8.00% | 20.70% | $39.15 |
| Year 13 | $5.19 | +8.00% | 22.35% | $44.34 |
| Year 14 | $5.61 | +8.00% | 24.14% | $49.95 |
| Year 15 | $6.06 | +8.00% | 26.07% | $56.01 |
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
