Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.57%.
YIELD ON COST (YOC)
3.57%
MLKN now pays $0.75 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(2016-10-04) | $28.34 | 2.65% |
| 5 years ago(2021-09-30) | $37.66 | 1.99% |
| 3 years ago(2023-10-03) | $23.65 | 3.17% |
| 1 year ago(2025-10-07) | $16.52 | 4.54% |
| Buying today(at $20.92) | $20.92 | 3.57% |
Projection: starting from today's 3.57% yield, assuming the dividend keeps compounding at 0.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.57%
In 3 years
3.57%
In 5 years
3.57%
In 10 years
3.57%
Try your own purchase price, dividend and growth rate for MillerKnoll, Inc. (MLKN).
Starting Yield
3.59%
Ending YOC
24.08%
Year 15 Dividend
$5.04
Cum. Dividends Recd.
$35.96
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.75 | N/A | 3.59% | $0.00 |
| Year 1 | $0.85 | +13.54% | 4.07% | $0.85 |
| Year 2 | $0.97 | +13.54% | 4.62% | $1.82 |
| Year 3 | $1.10 | +13.54% | 5.25% | $2.92 |
| Year 4 | $1.25 | +13.54% | 5.96% | $4.16 |
| Year 5 | $1.42 | +13.54% | 6.76% | $5.58 |
| Year 6 | $1.61 | +13.54% | 7.68% | $7.18 |
| Year 7 | $1.82 | +13.54% | 8.72% | $9.01 |
| Year 8 | $2.07 | +13.54% | 9.90% | $11.08 |
| Year 9 | $2.35 | +13.54% | 11.24% | $13.43 |
| Year 10 | $2.67 | +13.54% | 12.76% | $16.10 |
| Year 11 | $3.03 | +13.54% | 14.49% | $19.13 |
| Year 12 | $3.44 | +13.54% | 16.45% | $22.58 |
| Year 13 | $3.91 | +13.54% | 18.68% | $26.48 |
| Year 14 | $4.44 | +13.54% | 21.21% | $30.92 |
| Year 15 | $5.04 | +13.54% | 24.08% | $35.96 |
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