Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.99%.
YIELD ON COST (YOC)
1.99%
MGYR now pays $0.38 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(2016-10-05) | $8.39 | 4.53% |
| 5 years ago(2021-10-07) | $11.62 | 3.27% |
| 3 years ago(2023-10-02) | $9.66 | 3.93% |
| 1 year ago(2025-10-06) | $17.12 | 2.22% |
| Buying today(at $19.37) | $19.37 | 1.99% |
Projection: starting from today's 1.99% yield, assuming the dividend keeps compounding at 23.6% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.99%
In 3 years
3.76%
In 5 years
5.74%
In 10 years
16.54%
Try your own purchase price, dividend and growth rate for Magyar Bancorp, Inc. (MGYR).
Starting Yield
1.96%
Ending YOC
6.22%
Year 15 Dividend
$1.21
Cum. Dividends Recd.
$11.14
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.38 | N/A | 1.96% | $0.00 |
| Year 1 | $0.41 | +8.00% | 2.12% | $0.41 |
| Year 2 | $0.44 | +8.00% | 2.29% | $0.85 |
| Year 3 | $0.48 | +8.00% | 2.47% | $1.33 |
| Year 4 | $0.52 | +8.00% | 2.67% | $1.85 |
| Year 5 | $0.56 | +8.00% | 2.88% | $2.41 |
| Year 6 | $0.60 | +8.00% | 3.11% | $3.01 |
| Year 7 | $0.65 | +8.00% | 3.36% | $3.66 |
| Year 8 | $0.70 | +8.00% | 3.63% | $4.37 |
| Year 9 | $0.76 | +8.00% | 3.92% | $5.12 |
| Year 10 | $0.82 | +8.00% | 4.24% | $5.95 |
| Year 11 | $0.89 | +8.00% | 4.57% | $6.83 |
| Year 12 | $0.96 | +8.00% | 4.94% | $7.79 |
| Year 13 | $1.03 | +8.00% | 5.34% | $8.82 |
| Year 14 | $1.12 | +8.00% | 5.76% | $9.94 |
| Year 15 | $1.21 | +8.00% | 6.22% | $11.14 |
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
