Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.57%.
YIELD ON COST (YOC)
2.57%
NI now pays $1.16 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(2016-07-26) | $25.77 | 4.50% |
| 5 years ago(2021-08-03) | $25.31 | 4.58% |
| 3 years ago(2023-07-25) | $28.12 | 4.13% |
| 1 year ago(2025-07-29) | $42.18 | 2.75% |
| Buying today(at $44.71) | $44.71 | 2.57% |
Projection: starting from today's 2.57% yield, assuming the dividend keeps compounding at its historical 5.9% rate. Boards set dividends each year, so actual figures will differ.
Today
2.57%
In 3 years
3.28%
In 5 years
3.85%
In 10 years
5.75%
Try your own purchase price, dividend and growth rate for NiSource Inc (NI).
Starting Yield
2.59%
Ending YOC
6.15%
Year 15 Dividend
$2.75
Cum. Dividends Recd.
$28.42
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.16 | N/A | 2.59% | $0.00 |
| Year 1 | $1.23 | +5.92% | 2.75% | $1.23 |
| Year 2 | $1.30 | +5.92% | 2.91% | $2.53 |
| Year 3 | $1.38 | +5.92% | 3.08% | $3.91 |
| Year 4 | $1.46 | +5.92% | 3.27% | $5.37 |
| Year 5 | $1.55 | +5.92% | 3.46% | $6.92 |
| Year 6 | $1.64 | +5.92% | 3.66% | $8.55 |
| Year 7 | $1.74 | +5.92% | 3.88% | $10.29 |
| Year 8 | $1.84 | +5.92% | 4.11% | $12.13 |
| Year 9 | $1.95 | +5.92% | 4.35% | $14.07 |
| Year 10 | $2.06 | +5.92% | 4.61% | $16.13 |
| Year 11 | $2.18 | +5.92% | 4.88% | $18.32 |
| Year 12 | $2.31 | +5.92% | 5.17% | $20.63 |
| Year 13 | $2.45 | +5.92% | 5.48% | $23.08 |
| Year 14 | $2.60 | +5.92% | 5.80% | $25.68 |
| Year 15 | $2.75 | +5.92% | 6.15% | $28.42 |
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
