Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.10%.
YIELD ON COST (YOC)
2.10%
MMC now pays $3.60 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(2016-02-11) | $54.95 | 6.55% |
| 5 years ago(2021-02-08) | $113.87 | 3.16% |
| 3 years ago(2023-02-08) | $173.40 | 2.08% |
| 1 year ago(2025-02-12) | $228.97 | 1.57% |
| Buying today(at $171.14) | $171.14 | 2.10% |
Projection: starting from today's 2.10% yield, assuming the dividend keeps compounding at its historical 13.3% rate. Boards set dividends each year, so actual figures will differ.
Today
2.10%
In 3 years
3.61%
In 5 years
5.17%
In 10 years
12.70%
Try your own purchase price, dividend and growth rate for Marsh & McLennan Companies, Inc. (MMC).
Starting Yield
2.10%
Ending YOC
13.64%
Year 15 Dividend
$23.34
Cum. Dividends Recd.
$168.46
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.60 | N/A | 2.10% | $0.00 |
| Year 1 | $4.08 | +13.27% | 2.38% | $4.08 |
| Year 2 | $4.62 | +13.27% | 2.70% | $8.70 |
| Year 3 | $5.23 | +13.27% | 3.06% | $13.93 |
| Year 4 | $5.93 | +13.27% | 3.46% | $19.85 |
| Year 5 | $6.71 | +13.27% | 3.92% | $26.57 |
| Year 6 | $7.60 | +13.27% | 4.44% | $34.17 |
| Year 7 | $8.61 | +13.27% | 5.03% | $42.78 |
| Year 8 | $9.75 | +13.27% | 5.70% | $52.54 |
| Year 9 | $11.05 | +13.27% | 6.46% | $63.59 |
| Year 10 | $12.52 | +13.27% | 7.31% | $76.10 |
| Year 11 | $14.18 | +13.27% | 8.28% | $90.28 |
| Year 12 | $16.06 | +13.27% | 9.38% | $106.34 |
| Year 13 | $18.19 | +13.27% | 10.63% | $124.52 |
| Year 14 | $20.60 | +13.27% | 12.04% | $145.13 |
| Year 15 | $23.34 | +13.27% | 13.64% | $168.46 |
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
