Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.75%.
YIELD ON COST (YOC)
1.75%
MMM now pays $3.02 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(2016-07-20) | $151.68 | 1.99% |
| 5 years ago(2021-07-28) | $165.78 | 1.82% |
| 3 years ago(2023-07-19) | $86.52 | 3.49% |
| 1 year ago(2025-07-23) | $150.82 | 2.00% |
| Buying today(at $178.16) | $178.16 | 1.75% |
Projection: starting from today's 1.75% yield, assuming the dividend keeps compounding at its historical -9.9% rate. Boards set dividends each year, so actual figures will differ.
Today
1.75%
In 3 years
1.03%
In 5 years
0.73%
In 10 years
0.30%
Try your own purchase price, dividend and growth rate for 3M Company (MMM).
Starting Yield
1.70%
Ending YOC
0.35%
Year 15 Dividend
$0.63
Cum. Dividends Recd.
$21.73
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.02 | N/A | 1.70% | $0.00 |
| Year 1 | $2.72 | +-9.90% | 1.53% | $2.72 |
| Year 2 | $2.45 | +-9.90% | 1.38% | $5.17 |
| Year 3 | $2.21 | +-9.90% | 1.24% | $7.38 |
| Year 4 | $1.99 | +-9.90% | 1.12% | $9.37 |
| Year 5 | $1.79 | +-9.90% | 1.01% | $11.17 |
| Year 6 | $1.62 | +-9.90% | 0.91% | $12.78 |
| Year 7 | $1.46 | +-9.90% | 0.82% | $14.24 |
| Year 8 | $1.31 | +-9.90% | 0.74% | $15.55 |
| Year 9 | $1.18 | +-9.90% | 0.66% | $16.73 |
| Year 10 | $1.06 | +-9.90% | 0.60% | $17.79 |
| Year 11 | $0.96 | +-9.90% | 0.54% | $18.75 |
| Year 12 | $0.86 | +-9.90% | 0.49% | $19.62 |
| Year 13 | $0.78 | +-9.90% | 0.44% | $20.40 |
| Year 14 | $0.70 | +-9.90% | 0.39% | $21.10 |
| Year 15 | $0.63 | +-9.90% | 0.35% | $21.73 |
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
