Old Dominion Freight Line, Inc. (ODFL) Yield on Cost (YOC): 0.46%
The yield on cost (YOC) for Old Dominion Freight Line, Inc. (ODFL) is 0.46%.
ODFL Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
0.46%
Forward Yield on Cost Projections
If you buy ODFL today at the current stock price of $248.73 with a yield of 0.46% and dividends continue to grow at the historical rate (30.0% CAGR), your YOC would be:
Current Yield
0.46%
YOC in 3 Years
1.28%
YOC in 5 Years
2.55%
YOC in 10 Years
14.18%
Interactive Yield on Cost Calculator
Project custom investment returns for Old Dominion Freight Line, Inc. (ODFL) based on your custom cost basis.
Starting Yield
0.46%
Ending YOC
23.46%
Year 15 Dividend
$58.35
Cum. Dividends Recd.
$247.92
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.14 | — | 0.46% | $0.00 |
| Year 1 | $1.48 | +30.00% | 0.60% | $1.48 |
| Year 2 | $1.93 | +30.00% | 0.77% | $3.41 |
| Year 3 | $2.50 | +30.00% | 1.01% | $5.91 |
| Year 4 | $3.26 | +30.00% | 1.31% | $9.17 |
| Year 5 | $4.23 | +30.00% | 1.70% | $13.40 |
| Year 6 | $5.50 | +30.00% | 2.21% | $18.90 |
| Year 7 | $7.15 | +30.00% | 2.88% | $26.06 |
| Year 8 | $9.30 | +30.00% | 3.74% | $35.36 |
| Year 9 | $12.09 | +30.00% | 4.86% | $47.45 |
| Year 10 | $15.72 | +30.00% | 6.32% | $63.16 |
| Year 11 | $20.43 | +30.00% | 8.21% | $83.59 |
| Year 12 | $26.56 | +30.00% | 10.68% | $110.15 |
| Year 13 | $34.53 | +30.00% | 13.88% | $144.68 |
| Year 14 | $44.89 | +30.00% | 18.05% | $189.57 |
| Year 15 | $58.35 | +30.00% | 23.46% | $247.92 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
Old Dominion Freight Line, Inc. Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Old Dominion Freight Line, Inc. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Old Dominion Freight Line, Inc. (ODFL)?
- The yield on cost (YOC) for ODFL stock is 0.46%.
About Old Dominion Freight Line, Inc.
Old Dominion Freight Line, Inc. (ODFL) serves as a prominent less-than-truckload (LTL) freight carrier operating across the United States and North America. The company's offerings include LTL shipping solutions at regional, inter-regional, and national levels, often featuring expedited delivery options. Furthermore, ODFL provides a variety of supplementary services, such as container drayage, truckload brokerage, and supply chain consultancy. As of December 31, 2021, its extensive infrastructure comprised 10,403 tractors, 27,917 linehaul trailers, and 13,303 pickup and delivery trailers, supported by 3 fleet maintenance centers and 251 service facilities. Founded in 1934, Old Dominion Freight Line, Inc. has its corporate headquarters situated in Thomasville, North Carolina.
- Sector
- Industrials
- Industry
- Trucking
- CEO
- Kevin Freeman