Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 15.38%.
YIELD ON COST (YOC)
15.38%
MFIC now pays $1.31 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(2016-09-30) | $17.40 | 7.53% |
| 5 years ago(2021-10-04) | $13.12 | 9.98% |
| 3 years ago(2023-10-05) | $13.17 | 9.95% |
| 1 year ago(2025-10-01) | $11.82 | 11.08% |
| Buying today(at $8.54) | $8.54 | 15.38% |
Projection: starting from today's 15.38% yield, assuming the dividend keeps compounding at 1.4% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
15.38%
In 3 years
16.02%
In 5 years
16.46%
In 10 years
17.61%
Try your own purchase price, dividend and growth rate for MidCap Financial Investment Corporation (MFIC).
Starting Yield
15.35%
Ending YOC
10.78%
Year 15 Dividend
$0.92
Cum. Dividends Recd.
$16.36
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.31 | N/A | 15.35% | $0.00 |
| Year 1 | $1.28 | -2.33% | 14.99% | $1.28 |
| Year 2 | $1.25 | -2.33% | 14.64% | $2.53 |
| Year 3 | $1.22 | -2.33% | 14.30% | $3.75 |
| Year 4 | $1.19 | -2.33% | 13.97% | $4.94 |
| Year 5 | $1.16 | -2.33% | 13.64% | $6.11 |
| Year 6 | $1.14 | -2.33% | 13.32% | $7.24 |
| Year 7 | $1.11 | -2.33% | 13.01% | $8.35 |
| Year 8 | $1.08 | -2.33% | 12.71% | $9.44 |
| Year 9 | $1.06 | -2.33% | 12.41% | $10.50 |
| Year 10 | $1.03 | -2.33% | 12.12% | $11.53 |
| Year 11 | $1.01 | -2.33% | 11.84% | $12.54 |
| Year 12 | $0.99 | -2.33% | 11.57% | $13.53 |
| Year 13 | $0.96 | -2.33% | 11.30% | $14.50 |
| Year 14 | $0.94 | -2.33% | 11.03% | $15.44 |
| Year 15 | $0.92 | -2.33% | 10.78% | $16.36 |
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
