Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.12%.
YIELD ON COST (YOC)
2.12%
OVBC now pays $0.96 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) | $22.39 | 4.29% |
| 5 years ago(2021-09-30) | $26.75 | 3.59% |
| 3 years ago(2023-10-03) | $24.00 | 4.00% |
| 1 year ago(2025-10-07) | $36.10 | 2.66% |
| Buying today(at $45.34) | $45.34 | 2.12% |
Projection: starting from today's 2.12% yield, assuming the dividend keeps compounding at 2.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.12%
In 3 years
2.25%
In 5 years
2.34%
In 10 years
2.59%
Try your own purchase price, dividend and growth rate for Ohio Valley Banc Corp. (OVBC).
Starting Yield
2.12%
Ending YOC
2.69%
Year 15 Dividend
$1.22
Cum. Dividends Recd.
$16.40
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.96 | N/A | 2.12% | $0.00 |
| Year 1 | $0.98 | +1.61% | 2.15% | $0.98 |
| Year 2 | $0.99 | +1.61% | 2.19% | $1.97 |
| Year 3 | $1.01 | +1.61% | 2.22% | $2.97 |
| Year 4 | $1.02 | +1.61% | 2.26% | $4.00 |
| Year 5 | $1.04 | +1.61% | 2.29% | $5.04 |
| Year 6 | $1.06 | +1.61% | 2.33% | $6.09 |
| Year 7 | $1.07 | +1.61% | 2.37% | $7.17 |
| Year 8 | $1.09 | +1.61% | 2.41% | $8.26 |
| Year 9 | $1.11 | +1.61% | 2.44% | $9.37 |
| Year 10 | $1.13 | +1.61% | 2.48% | $10.49 |
| Year 11 | $1.14 | +1.61% | 2.52% | $11.64 |
| Year 12 | $1.16 | +1.61% | 2.56% | $12.80 |
| Year 13 | $1.18 | +1.61% | 2.61% | $13.98 |
| Year 14 | $1.20 | +1.61% | 2.65% | $15.18 |
| Year 15 | $1.22 | +1.61% | 2.69% | $16.40 |
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
