Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.80%.
YIELD ON COST (YOC)
2.80%
PFG now pays $3.19 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(2016-09-08) | $48.96 | 6.52% |
| 5 years ago(2021-09-10) | $64.87 | 4.92% |
| 3 years ago(2023-09-13) | $75.57 | 4.22% |
| 1 year ago(2025-09-08) | $79.71 | 4.00% |
| Buying today(at $116.17) | $116.17 | 2.80% |
Projection: starting from today's 2.80% yield, assuming the dividend keeps compounding at 5.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.80%
In 3 years
3.33%
In 5 years
3.74%
In 10 years
5.01%
Try your own purchase price, dividend and growth rate for Principal Financial Group, Inc. (PFG).
Starting Yield
2.75%
Ending YOC
7.14%
Year 15 Dividend
$8.30
Cum. Dividends Recd.
$82.72
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.19 | N/A | 2.75% | $0.00 |
| Year 1 | $3.40 | +6.58% | 2.93% | $3.40 |
| Year 2 | $3.62 | +6.58% | 3.12% | $7.02 |
| Year 3 | $3.86 | +6.58% | 3.32% | $10.89 |
| Year 4 | $4.12 | +6.58% | 3.54% | $15.00 |
| Year 5 | $4.39 | +6.58% | 3.78% | $19.39 |
| Year 6 | $4.68 | +6.58% | 4.03% | $24.06 |
| Year 7 | $4.98 | +6.58% | 4.29% | $29.05 |
| Year 8 | $5.31 | +6.58% | 4.57% | $34.36 |
| Year 9 | $5.66 | +6.58% | 4.87% | $40.02 |
| Year 10 | $6.03 | +6.58% | 5.19% | $46.05 |
| Year 11 | $6.43 | +6.58% | 5.54% | $52.48 |
| Year 12 | $6.85 | +6.58% | 5.90% | $59.34 |
| Year 13 | $7.30 | +6.58% | 6.29% | $66.64 |
| Year 14 | $7.78 | +6.58% | 6.70% | $74.43 |
| Year 15 | $8.30 | +6.58% | 7.14% | $82.72 |
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
