Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 6.19%.
YIELD ON COST (YOC)
6.19%
PFE now pays $1.72 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(2016-09-06) | $32.96 | 5.22% |
| 5 years ago(2021-09-14) | $44.71 | 3.85% |
| 3 years ago(2023-09-05) | $35.38 | 4.86% |
| 1 year ago(2025-09-09) | $24.71 | 6.96% |
| Buying today |
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
| $27.64 |
| 6.19% |
Projection: starting from today's 6.19% yield, assuming the dividend keeps compounding at 2.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
6.19%
In 3 years
6.66%
In 5 years
7.00%
In 10 years
7.90%
Try your own purchase price, dividend and growth rate for Pfizer Inc. (PFE).
Starting Yield
6.22%
Ending YOC
9.01%
Year 15 Dividend
$2.49
Cum. Dividends Recd.
$31.61
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.72 | N/A | 6.22% | $0.00 |
| Year 1 | $1.76 | +2.50% | 6.38% | $1.76 |
| Year 2 | $1.81 | +2.50% | 6.54% | $3.57 |
| Year 3 | $1.85 | +2.50% | 6.70% | $5.42 |
| Year 4 | $1.90 | +2.50% | 6.87% | $7.32 |
| Year 5 | $1.95 | +2.50% | 7.04% | $9.27 |
| Year 6 | $1.99 | +2.50% | 7.22% | $11.26 |
| Year 7 | $2.04 | +2.50% | 7.40% | $13.31 |
| Year 8 | $2.10 | +2.50% | 7.58% | $15.40 |
| Year 9 | $2.15 | +2.50% | 7.77% | $17.55 |
| Year 10 | $2.20 | +2.50% | 7.97% | $19.75 |
| Year 11 | $2.26 | +2.50% | 8.16% | $22.01 |
| Year 12 | $2.31 | +2.50% | 8.37% | $24.32 |
| Year 13 | $2.37 | +2.50% | 8.58% | $26.69 |
| Year 14 | $2.43 | +2.50% | 8.79% | $29.12 |
| Year 15 | $2.49 | +2.50% | 9.01% | $31.61 |