Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.84%.
YIELD ON COST (YOC)
1.84%
MRTN now pays $0.24 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) | $8.40 | 2.86% |
| 5 years ago(2021-09-30) | $15.69 | 1.53% |
| 3 years ago(2023-10-03) | $19.58 | 1.23% |
| 1 year ago(2025-10-07) | $10.51 | 2.28% |
| Buying today(at $12.95) | $12.95 | 1.84% |
Projection: starting from today's 1.84% yield, assuming the dividend keeps compounding at 19.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.84%
In 3 years
3.10%
In 5 years
4.39%
In 10 years
10.43%
Try your own purchase price, dividend and growth rate for Marten Transport, Ltd. (MRTN).
Starting Yield
1.85%
Ending YOC
0.10%
Year 15 Dividend
$0.01
Cum. Dividends Recd.
$1.06
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.24 | N/A | 1.85% | $0.00 |
| Year 1 | $0.20 | -17.64% | 1.53% | $0.20 |
| Year 2 | $0.16 | -17.64% | 1.26% | $0.36 |
| Year 3 | $0.13 | -17.64% | 1.03% | $0.49 |
| Year 4 | $0.11 | -17.64% | 0.85% | $0.60 |
| Year 5 | $0.09 | -17.64% | 0.70% | $0.70 |
| Year 6 | $0.07 | -17.64% | 0.58% | $0.77 |
| Year 7 | $0.06 | -17.64% | 0.48% | $0.83 |
| Year 8 | $0.05 | -17.64% | 0.39% | $0.88 |
| Year 9 | $0.04 | -17.64% | 0.32% | $0.93 |
| Year 10 | $0.03 | -17.64% | 0.27% | $0.96 |
| Year 11 | $0.03 | -17.64% | 0.22% | $0.99 |
| Year 12 | $0.02 | -17.64% | 0.18% | $1.01 |
| Year 13 | $0.02 | -17.64% | 0.15% | $1.03 |
| Year 14 | $0.02 | -17.64% | 0.12% | $1.05 |
| Year 15 | $0.01 | -17.64% | 0.10% | $1.06 |
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