Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.05%.
YIELD ON COST (YOC)
2.05%
PKG now pays $5.25 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(2016-08-09) | $75.50 | 6.95% |
| 5 years ago(2021-08-11) | $145.61 | 3.61% |
| 3 years ago(2023-08-03) | $155.22 | 3.38% |
| 1 year ago(2025-08-07) | $194.86 | 2.69% |
| Buying today(at $256.04) | $256.04 | 2.05% |
Projection: starting from today's 2.05% yield, assuming the dividend keeps compounding at its historical 9.6% rate. Boards set dividends each year, so actual figures will differ.
Today
2.05%
In 3 years
2.56%
In 5 years
2.97%
In 10 years
4.31%
Try your own purchase price, dividend and growth rate for Packaging Corporation of America (PKG).
Starting Yield
2.05%
Ending YOC
8.12%
Year 15 Dividend
$20.79
Cum. Dividends Recd.
$177.28
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $5.25 | N/A | 2.05% | $0.00 |
| Year 1 | $5.75 | +9.61% | 2.25% | $5.75 |
| Year 2 | $6.31 | +9.61% | 2.46% | $12.06 |
| Year 3 | $6.91 | +9.61% | 2.70% | $18.98 |
| Year 4 | $7.58 | +9.61% | 2.96% | $26.55 |
| Year 5 | $8.31 | +9.61% | 3.24% | $34.86 |
| Year 6 | $9.10 | +9.61% | 3.56% | $43.96 |
| Year 7 | $9.98 | +9.61% | 3.90% | $53.94 |
| Year 8 | $10.94 | +9.61% | 4.27% | $64.88 |
| Year 9 | $11.99 | +9.61% | 4.68% | $76.87 |
| Year 10 | $13.14 | +9.61% | 5.13% | $90.01 |
| Year 11 | $14.40 | +9.61% | 5.63% | $104.42 |
| Year 12 | $15.79 | +9.61% | 6.17% | $120.21 |
| Year 13 | $17.31 | +9.61% | 6.76% | $137.52 |
| Year 14 | $18.97 | +9.61% | 7.41% | $156.49 |
| Year 15 | $20.79 | +9.61% | 8.12% | $177.28 |
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
