Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.31%.
YIELD ON COST (YOC)
3.31%
PPL now pays $1.13 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) | $35.31 | 3.20% |
| 5 years ago(2021-09-14) | $29.38 | 3.85% |
| 3 years ago(2023-09-15) | $25.66 | 4.40% |
| 1 year ago(2025-09-09) | $35.73 | 3.16% |
| Buying today(at $33.41) | $33.41 | 3.31% |
Projection: starting from today's 3.31% yield, assuming the dividend keeps compounding at -10.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.31%
In 3 years
2.41%
In 5 years
1.96%
In 10 years
1.16%
Try your own purchase price, dividend and growth rate for PPL Corporation (PPL).
Starting Yield
3.38%
Ending YOC
0.96%
Year 15 Dividend
$0.32
Cum. Dividends Recd.
$9.23
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.13 | N/A | 3.38% | $0.00 |
| Year 1 | $1.04 | -8.07% | 3.11% | $1.04 |
| Year 2 | $0.95 | -8.07% | 2.86% | $1.99 |
| Year 3 | $0.88 | -8.07% | 2.63% | $2.87 |
| Year 4 | $0.81 | -8.07% | 2.42% | $3.68 |
| Year 5 | $0.74 | -8.07% | 2.22% | $4.42 |
| Year 6 | $0.68 | -8.07% | 2.04% | $5.10 |
| Year 7 | $0.63 | -8.07% | 1.88% | $5.73 |
| Year 8 | $0.58 | -8.07% | 1.73% | $6.31 |
| Year 9 | $0.53 | -8.07% | 1.59% | $6.84 |
| Year 10 | $0.49 | -8.07% | 1.46% | $7.32 |
| Year 11 | $0.45 | -8.07% | 1.34% | $7.77 |
| Year 12 | $0.41 | -8.07% | 1.23% | $8.18 |
| Year 13 | $0.38 | -8.07% | 1.13% | $8.56 |
| Year 14 | $0.35 | -8.07% | 1.04% | $8.91 |
| Year 15 | $0.32 | -8.07% | 0.96% | $9.23 |
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
