Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.54%.
YIELD ON COST (YOC)
1.54%
NOK now pays $0.16 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(2016-09-29) | $5.72 | 2.80% |
| 5 years ago(2021-09-27) | $5.63 | 2.84% |
| 3 years ago(2023-09-28) | $3.72 | 4.30% |
| 1 year ago(2025-10-02) | $4.88 | 3.28% |
| Buying today(at $10.60) | $10.60 | 1.54% |
Projection: starting from today's 1.54% yield, assuming the dividend keeps compounding at 5.7% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.54%
In 3 years
1.82%
In 5 years
2.04%
In 10 years
2.69%
Try your own purchase price, dividend and growth rate for Nokia Oyj (NOK).
Starting Yield
1.51%
Ending YOC
3.49%
Year 15 Dividend
$0.37
Cum. Dividends Recd.
$3.86
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.16 | N/A | 1.51% | $0.00 |
| Year 1 | $0.17 | +5.74% | 1.60% | $0.17 |
| Year 2 | $0.18 | +5.74% | 1.69% | $0.35 |
| Year 3 | $0.19 | +5.74% | 1.78% | $0.54 |
| Year 4 | $0.20 | +5.74% | 1.89% | $0.74 |
| Year 5 | $0.21 | +5.74% | 2.00% | $0.95 |
| Year 6 | $0.22 | +5.74% | 2.11% | $1.17 |
| Year 7 | $0.24 | +5.74% | 2.23% | $1.41 |
| Year 8 | $0.25 | +5.74% | 2.36% | $1.66 |
| Year 9 | $0.26 | +5.74% | 2.49% | $1.92 |
| Year 10 | $0.28 | +5.74% | 2.64% | $2.20 |
| Year 11 | $0.30 | +5.74% | 2.79% | $2.50 |
| Year 12 | $0.31 | +5.74% | 2.95% | $2.81 |
| Year 13 | $0.33 | +5.74% | 3.12% | $3.14 |
| Year 14 | $0.35 | +5.74% | 3.30% | $3.49 |
| Year 15 | $0.37 | +5.74% | 3.49% | $3.86 |
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
