Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.21%.
YIELD ON COST (YOC)
4.21%
PEP now pays $5.75 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(2016-07-19) | $109.53 | 5.25% |
| 5 years ago(2021-07-27) | $157.94 | 3.64% |
| 3 years ago(2023-07-28) | $190.31 | 3.02% |
| 1 year ago(2025-07-22) | $146.04 | 3.94% |
| Buying today(at $138.59) | $138.59 | 4.21% |
Projection: starting from today's 4.21% yield, assuming the dividend keeps compounding at its historical 7.0% rate. Boards set dividends each year, so actual figures will differ.
Today
4.21%
In 3 years
5.57%
In 5 years
6.72%
In 10 years
10.73%
Try your own purchase price, dividend and growth rate for PepsiCo, Inc. (PEP).
Starting Yield
4.15%
Ending YOC
11.50%
Year 15 Dividend
$15.93
Cum. Dividends Recd.
$155.01
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $5.75 | N/A | 4.15% | $0.00 |
| Year 1 | $6.15 | +7.03% | 4.44% | $6.15 |
| Year 2 | $6.59 | +7.03% | 4.75% | $12.74 |
| Year 3 | $7.05 | +7.03% | 5.09% | $19.79 |
| Year 4 | $7.55 | +7.03% | 5.44% | $27.34 |
| Year 5 | $8.08 | +7.03% | 5.83% | $35.41 |
| Year 6 | $8.64 | +7.03% | 6.24% | $44.06 |
| Year 7 | $9.25 | +7.03% | 6.68% | $53.31 |
| Year 8 | $9.90 | +7.03% | 7.14% | $63.21 |
| Year 9 | $10.60 | +7.03% | 7.65% | $73.81 |
| Year 10 | $11.34 | +7.03% | 8.18% | $85.15 |
| Year 11 | $12.14 | +7.03% | 8.76% | $97.29 |
| Year 12 | $12.99 | +7.03% | 9.38% | $110.28 |
| Year 13 | $13.91 | +7.03% | 10.03% | $124.19 |
| Year 14 | $14.88 | +7.03% | 10.74% | $139.08 |
| Year 15 | $15.93 | +7.03% | 11.50% | $155.01 |
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
