Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.30%.
YIELD ON COST (YOC)
2.30%
ONB now pays $0.57 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(2016-10-04) | $13.90 | 4.10% |
| 5 years ago(2021-09-30) | $16.95 | 3.36% |
| 3 years ago(2023-10-03) | $13.96 | 4.08% |
| 1 year ago(2025-10-07) | $22.23 | 2.56% |
| Buying today(at $24.84) | $24.84 | 2.30% |
Projection: starting from today's 2.30% 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
2.30%
In 3 years
2.30%
In 5 years
2.30%
In 10 years
2.30%
Try your own purchase price, dividend and growth rate for Old National Bancorp (ONB).
Starting Yield
2.30%
Ending YOC
5.90%
Year 15 Dividend
$1.47
Cum. Dividends Recd.
$14.68
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.57 | N/A | 2.30% | $0.00 |
| Year 1 | $0.61 | +6.50% | 2.44% | $0.61 |
| Year 2 | $0.65 | +6.50% | 2.60% | $1.25 |
| Year 3 | $0.69 | +6.50% | 2.77% | $1.94 |
| Year 4 | $0.73 | +6.50% | 2.95% | $2.68 |
| Year 5 | $0.78 | +6.50% | 3.14% | $3.46 |
| Year 6 | $0.83 | +6.50% | 3.35% | $4.29 |
| Year 7 | $0.89 | +6.50% | 3.57% | $5.17 |
| Year 8 | $0.94 | +6.50% | 3.80% | $6.12 |
| Year 9 | $1.00 | +6.50% | 4.05% | $7.12 |
| Year 10 | $1.07 | +6.50% | 4.31% | $8.19 |
| Year 11 | $1.14 | +6.50% | 4.59% | $9.33 |
| Year 12 | $1.21 | +6.50% | 4.89% | $10.54 |
| Year 13 | $1.29 | +6.50% | 5.20% | $11.84 |
| Year 14 | $1.38 | +6.50% | 5.54% | $13.21 |
| Year 15 | $1.47 | +6.50% | 5.90% | $14.68 |
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
