Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 26.76%.
YIELD ON COST (YOC)
26.76%
PSEC now pays $0.50 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(2016-10-06) | $8.03 | 6.23% |
| 5 years ago(2021-10-08) | $8.06 | 6.20% |
| 3 years ago(2023-10-03) | $5.88 | 8.50% |
| 1 year ago(2025-10-07) | $2.75 | 18.18% |
| Buying today(at $1.83) | $1.83 | 26.76% |
Projection: starting from today's 26.76% yield, assuming the dividend keeps compounding at -6.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
26.76%
In 3 years
21.57%
In 5 years
18.68%
In 10 years
13.04%
Try your own purchase price, dividend and growth rate for Prospect Capital Corporation (PSEC).
Starting Yield
27.32%
Ending YOC
11.53%
Year 15 Dividend
$0.21
Cum. Dividends Recd.
$4.88
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.50 | N/A | 27.32% | $0.00 |
| Year 1 | $0.47 | -5.59% | 25.80% | $0.47 |
| Year 2 | $0.45 | -5.59% | 24.35% | $0.92 |
| Year 3 | $0.42 | -5.59% | 22.99% | $1.34 |
| Year 4 | $0.40 | -5.59% | 21.71% | $1.74 |
| Year 5 | $0.38 | -5.59% | 20.49% | $2.11 |
| Year 6 | $0.35 | -5.59% | 19.35% | $2.46 |
| Year 7 | $0.33 | -5.59% | 18.27% | $2.80 |
| Year 8 | $0.32 | -5.59% | 17.24% | $3.11 |
| Year 9 | $0.30 | -5.59% | 16.28% | $3.41 |
| Year 10 | $0.28 | -5.59% | 15.37% | $3.69 |
| Year 11 | $0.27 | -5.59% | 14.51% | $3.96 |
| Year 12 | $0.25 | -5.59% | 13.70% | $4.21 |
| Year 13 | $0.24 | -5.59% | 12.93% | $4.45 |
| Year 14 | $0.22 | -5.59% | 12.21% | $4.67 |
| Year 15 | $0.21 | -5.59% | 11.53% | $4.88 |
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
