Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.84%.
YIELD ON COST (YOC)
4.84%
OTEX now pays $1.11 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) | $32.44 | 3.42% |
| 5 years ago(2021-09-30) | $48.74 | 2.28% |
| 3 years ago(2023-10-03) | $34.15 | 3.25% |
| 1 year ago(2025-10-07) | $38.10 | 2.91% |
| Buying today(at $22.71) | $22.71 | 4.84% |
Projection: starting from today's 4.84% yield, assuming the dividend keeps compounding at 6.3% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.84%
In 3 years
5.81%
In 5 years
6.56%
In 10 years
8.88%
Try your own purchase price, dividend and growth rate for Open Text Corporation (OTEX).
Starting Yield
4.89%
Ending YOC
15.96%
Year 15 Dividend
$3.63
Cum. Dividends Recd.
$33.15
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.11 | N/A | 4.89% | $0.00 |
| Year 1 | $1.20 | +8.21% | 5.29% | $1.20 |
| Year 2 | $1.30 | +8.21% | 5.72% | $2.50 |
| Year 3 | $1.41 | +8.21% | 6.19% | $3.91 |
| Year 4 | $1.52 | +8.21% | 6.70% | $5.43 |
| Year 5 | $1.65 | +8.21% | 7.25% | $7.08 |
| Year 6 | $1.78 | +8.21% | 7.85% | $8.86 |
| Year 7 | $1.93 | +8.21% | 8.49% | $10.79 |
| Year 8 | $2.09 | +8.21% | 9.19% | $12.87 |
| Year 9 | $2.26 | +8.21% | 9.94% | $15.13 |
| Year 10 | $2.44 | +8.21% | 10.76% | $17.57 |
| Year 11 | $2.64 | +8.21% | 11.64% | $20.22 |
| Year 12 | $2.86 | +8.21% | 12.60% | $23.08 |
| Year 13 | $3.10 | +8.21% | 13.63% | $26.18 |
| Year 14 | $3.35 | +8.21% | 14.75% | $29.53 |
| Year 15 | $3.63 | +8.21% | 15.96% | $33.15 |
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
