Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 7.08%.
YIELD ON COST (YOC)
7.08%
NAVI now pays $0.64 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(2016-10-03) | $14.33 | 4.47% |
| 5 years ago(2021-10-05) | $18.68 | 3.43% |
| 3 years ago(2023-10-06) | $17.42 | 3.67% |
| 1 year ago(2025-10-06) | $12.86 | 4.98% |
| Buying today(at $8.93) | $8.93 | 7.08% |
Projection: starting from today's 7.08% yield, assuming the dividend keeps compounding at 0.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
7.08%
In 3 years
7.08%
In 5 years
7.08%
In 10 years
7.08%
Try your own purchase price, dividend and growth rate for Navient Corporation (NAVI).
Starting Yield
7.17%
Ending YOC
18.43%
Year 15 Dividend
$1.65
Cum. Dividends Recd.
$16.48
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.64 | N/A | 7.17% | $0.00 |
| Year 1 | $0.68 | +6.50% | 7.63% | $0.68 |
| Year 2 | $0.73 | +6.50% | 8.13% | $1.41 |
| Year 3 | $0.77 | +6.50% | 8.66% | $2.18 |
| Year 4 | $0.82 | +6.50% | 9.22% | $3.00 |
| Year 5 | $0.88 | +6.50% | 9.82% | $3.88 |
| Year 6 | $0.93 | +6.50% | 10.46% | $4.81 |
| Year 7 | $0.99 | +6.50% | 11.14% | $5.81 |
| Year 8 | $1.06 | +6.50% | 11.86% | $6.87 |
| Year 9 | $1.13 | +6.50% | 12.63% | $8.00 |
| Year 10 | $1.20 | +6.50% | 13.45% | $9.20 |
| Year 11 | $1.28 | +6.50% | 14.33% | $10.48 |
| Year 12 | $1.36 | +6.50% | 15.26% | $11.84 |
| Year 13 | $1.45 | +6.50% | 16.25% | $13.29 |
| Year 14 | $1.55 | +6.50% | 17.31% | $14.84 |
| Year 15 | $1.65 | +6.50% | 18.43% | $16.48 |
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
