Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.06%.
YIELD ON COST (YOC)
0.06%
MU now pays $0.53 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) | $13.59 | 3.90% |
| 5 years ago(2021-07-28) | $75.55 | 0.70% |
| 3 years ago(2023-07-19) | $64.96 | 0.82% |
| 1 year ago(2025-07-23) | $109.83 | 0.48% |
| Buying today(at $920.95) | $920.95 | 0.06% |
Projection: starting from today's 0.06% yield, assuming the dividend keeps compounding at its historical 8.0% rate. Boards set dividends each year, so actual figures will differ.
Today
0.06%
In 3 years
0.26%
In 5 years
0.73%
In 10 years
9.32%
Try your own purchase price, dividend and growth rate for Micron Technology, Inc. (MU).
Starting Yield
0.06%
Ending YOC
0.18%
Year 15 Dividend
$1.67
Cum. Dividends Recd.
$15.47
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.53 | N/A | 0.06% | $0.00 |
| Year 1 | $0.57 | +7.95% | 0.06% | $0.57 |
| Year 2 | $0.62 | +7.95% | 0.07% | $1.19 |
| Year 3 | $0.67 | +7.95% | 0.07% | $1.86 |
| Year 4 | $0.72 | +7.95% | 0.08% | $2.58 |
| Year 5 | $0.78 | +7.95% | 0.08% | $3.35 |
| Year 6 | $0.84 | +7.95% | 0.09% | $4.19 |
| Year 7 | $0.91 | +7.95% | 0.10% | $5.10 |
| Year 8 | $0.98 | +7.95% | 0.11% | $6.07 |
| Year 9 | $1.06 | +7.95% | 0.11% | $7.13 |
| Year 10 | $1.14 | +7.95% | 0.12% | $8.27 |
| Year 11 | $1.23 | +7.95% | 0.13% | $9.50 |
| Year 12 | $1.33 | +7.95% | 0.14% | $10.83 |
| Year 13 | $1.43 | +7.95% | 0.16% | $12.26 |
| Year 14 | $1.55 | +7.95% | 0.17% | $13.80 |
| Year 15 | $1.67 | +7.95% | 0.18% | $15.47 |
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
