Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 8.13%.
YIELD ON COST (YOC)
8.13%
MBINM now pays $2.06 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 |
|---|---|---|
| 3 years ago(2023-10-04) | $22.83 | 9.02% |
| 1 year ago(2025-10-06) | $24.88 | 8.28% |
| Buying today(at $25.34) | $25.34 | 8.13% |
Projection: starting from today's 8.13% yield, assuming the dividend keeps compounding at -0.4% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
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
Today
8.13%
In 3 years
8.04%
In 5 years
7.99%
In 10 years
7.84%
Try your own purchase price, dividend and growth rate for Merchants Bancorp (MBINM).
Starting Yield
8.13%
Ending YOC
25.79%
Year 15 Dividend
$6.53
Cum. Dividends Recd.
$60.41
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.06 | N/A | 8.13% | $0.00 |
| Year 1 | $2.22 | +8.00% | 8.78% | $2.22 |
| Year 2 | $2.40 | +8.00% | 9.48% | $4.63 |
| Year 3 | $2.60 | +8.00% | 10.24% | $7.22 |
| Year 4 | $2.80 | +8.00% | 11.06% | $10.03 |
| Year 5 | $3.03 | +8.00% | 11.94% | $13.05 |
| Year 6 | $3.27 | +8.00% | 12.90% | $16.32 |
| Year 7 | $3.53 | +8.00% | 13.93% | $19.85 |
| Year 8 | $3.81 | +8.00% | 15.05% | $23.66 |
| Year 9 | $4.12 | +8.00% | 16.25% | $27.78 |
| Year 10 | $4.45 | +8.00% | 17.55% | $32.23 |
| Year 11 | $4.80 | +8.00% | 18.95% | $37.03 |
| Year 12 | $5.19 | +8.00% | 20.47% | $42.22 |
| Year 13 | $5.60 | +8.00% | 22.11% | $47.82 |
| Year 14 | $6.05 | +8.00% | 23.88% | $53.87 |
| Year 15 | $6.53 | +8.00% | 25.79% | $60.41 |
