Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.65%.
YIELD ON COST (YOC)
2.65%
NEE now pays $2.38 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(2016-07-19) | $32.02 | 7.43% |
| 5 years ago(2021-07-27) | $77.86 | 3.06% |
| 3 years ago(2023-07-28) | $72.85 | 3.27% |
| 1 year ago(2025-07-22) | $77.54 | 3.07% |
| Buying today(at $89.78) | $89.78 | 2.65% |
Projection: starting from today's 2.65% yield, assuming the dividend keeps compounding at its historical 10.1% rate. Boards set dividends each year, so actual figures will differ.
Today
2.65%
In 3 years
3.90%
In 5 years
5.04%
In 10 years
9.60%
Try your own purchase price, dividend and growth rate for NextEra Energy, Inc. (NEE).
Starting Yield
2.65%
Ending YOC
11.24%
Year 15 Dividend
$10.09
Cum. Dividends Recd.
$83.99
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.38 | N/A | 2.65% | $0.00 |
| Year 1 | $2.62 | +10.11% | 2.92% | $2.62 |
| Year 2 | $2.89 | +10.11% | 3.21% | $5.51 |
| Year 3 | $3.18 | +10.11% | 3.54% | $8.68 |
| Year 4 | $3.50 | +10.11% | 3.90% | $12.18 |
| Year 5 | $3.85 | +10.11% | 4.29% | $16.03 |
| Year 6 | $4.24 | +10.11% | 4.72% | $20.28 |
| Year 7 | $4.67 | +10.11% | 5.20% | $24.95 |
| Year 8 | $5.14 | +10.11% | 5.73% | $30.09 |
| Year 9 | $5.66 | +10.11% | 6.31% | $35.75 |
| Year 10 | $6.24 | +10.11% | 6.94% | $41.99 |
| Year 11 | $6.87 | +10.11% | 7.65% | $48.85 |
| Year 12 | $7.56 | +10.11% | 8.42% | $56.41 |
| Year 13 | $8.32 | +10.11% | 9.27% | $64.74 |
| Year 14 | $9.17 | +10.11% | 10.21% | $73.90 |
| Year 15 | $10.09 | +10.11% | 11.24% | $83.99 |
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
