Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 7.01%.
YIELD ON COST (YOC)
7.01%
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(2016-07-20) | $34.77 | 4.95% |
| 5 years ago(2021-07-28) | $43.45 | 3.96% |
| 3 years ago(2023-07-19) | $36.44 | 4.72% |
| 1 year ago(2025-07-23) | $25.36 | 6.78% |
| Buying today(at $24.77) | $24.77 | 7.01% |
Projection: starting from today's 7.01% yield, assuming the dividend keeps compounding at its historical 2.5% rate. Boards set dividends each year, so actual figures will differ.
Today
7.01%
In 3 years
7.73%
In 5 years
8.25%
In 10 years
9.71%
Try your own purchase price, dividend and growth rate for Pfizer Inc. (PFE).
Starting Yield
6.94%
Ending YOC
10.05%
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 | 6.94% | $0.00 |
| Year 1 | $1.76 | +2.50% | 7.12% | $1.76 |
| Year 2 | $1.81 | +2.50% | 7.29% | $3.57 |
| Year 3 | $1.85 | +2.50% | 7.48% | $5.42 |
| Year 4 | $1.90 | +2.50% | 7.66% | $7.32 |
| Year 5 | $1.95 | +2.50% | 7.85% | $9.27 |
| Year 6 | $1.99 | +2.50% | 8.05% | $11.26 |
| Year 7 | $2.04 | +2.50% | 8.25% | $13.31 |
| Year 8 | $2.10 | +2.50% | 8.46% | $15.40 |
| Year 9 | $2.15 | +2.50% | 8.67% | $17.55 |
| Year 10 | $2.20 | +2.50% | 8.89% | $19.75 |
| Year 11 | $2.26 | +2.50% | 9.11% | $22.01 |
| Year 12 | $2.31 | +2.50% | 9.34% | $24.32 |
| Year 13 | $2.37 | +2.50% | 9.57% | $26.69 |
| Year 14 | $2.43 | +2.50% | 9.81% | $29.12 |
| Year 15 | $2.49 | +2.50% | 10.05% | $31.61 |
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
