Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.61%.
YIELD ON COST (YOC)
0.61%
MLM now pays $3.32 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(2016-08-02) | $198.50 | 1.67% |
| 5 years ago(2021-07-29) | $367.38 | 0.90% |
| 3 years ago(2023-08-01) | $453.28 | 0.73% |
| 1 year ago(2025-08-05) | $607.50 | 0.55% |
| Buying today(at $555.15) | $555.15 | 0.61% |
Projection: starting from today's 0.61% yield, assuming the dividend keeps compounding at its historical 7.7% rate. Boards set dividends each year, so actual figures will differ.
Today
0.61%
In 3 years
0.84%
In 5 years
1.04%
In 10 years
1.76%
Try your own purchase price, dividend and growth rate for Martin Marietta Materials, Inc. (MLM).
Starting Yield
0.60%
Ending YOC
1.81%
Year 15 Dividend
$10.05
Cum. Dividends Recd.
$94.52
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.32 | N/A | 0.60% | $0.00 |
| Year 1 | $3.57 | +7.66% | 0.64% | $3.57 |
| Year 2 | $3.85 | +7.66% | 0.69% | $7.42 |
| Year 3 | $4.14 | +7.66% | 0.75% | $11.57 |
| Year 4 | $4.46 | +7.66% | 0.80% | $16.03 |
| Year 5 | $4.80 | +7.66% | 0.86% | $20.83 |
| Year 6 | $5.17 | +7.66% | 0.93% | $26.00 |
| Year 7 | $5.57 | +7.66% | 1.00% | $31.56 |
| Year 8 | $5.99 | +7.66% | 1.08% | $37.55 |
| Year 9 | $6.45 | +7.66% | 1.16% | $44.01 |
| Year 10 | $6.95 | +7.66% | 1.25% | $50.95 |
| Year 11 | $7.48 | +7.66% | 1.35% | $58.43 |
| Year 12 | $8.05 | +7.66% | 1.45% | $66.48 |
| Year 13 | $8.67 | +7.66% | 1.56% | $75.14 |
| Year 14 | $9.33 | +7.66% | 1.68% | $84.47 |
| Year 15 | $10.05 | +7.66% | 1.81% | $94.52 |
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