Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.92%.
YIELD ON COST (YOC)
1.92%
PSX now pays $5.01 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(2016-09-07) | $79.59 | 6.29% |
| 5 years ago(2021-09-09) | $66.74 | 7.51% |
| 3 years ago(2023-09-06) | $116.64 | 4.30% |
| 1 year ago(2025-09-10) | $131.42 | 3.81% |
| Buying today(at $260.78) | $260.78 | 1.92% |
Projection: starting from today's 1.92% yield, assuming the dividend keeps compounding at 7.6% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.92%
In 3 years
2.39%
In 5 years
2.75%
In 10 years
3.95%
Try your own purchase price, dividend and growth rate for Phillips 66 (PSX).
Starting Yield
1.92%
Ending YOC
4.41%
Year 15 Dividend
$11.51
Cum. Dividends Recd.
$120.48
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $5.01 | N/A | 1.92% | $0.00 |
| Year 1 | $5.30 | +5.70% | 2.03% | $5.30 |
| Year 2 | $5.60 | +5.70% | 2.15% | $10.89 |
| Year 3 | $5.92 | +5.70% | 2.27% | $16.81 |
| Year 4 | $6.25 | +5.70% | 2.40% | $23.06 |
| Year 5 | $6.61 | +5.70% | 2.53% | $29.67 |
| Year 6 | $6.99 | +5.70% | 2.68% | $36.66 |
| Year 7 | $7.39 | +5.70% | 2.83% | $44.05 |
| Year 8 | $7.81 | +5.70% | 2.99% | $51.85 |
| Year 9 | $8.25 | +5.70% | 3.16% | $60.10 |
| Year 10 | $8.72 | +5.70% | 3.34% | $68.82 |
| Year 11 | $9.22 | +5.70% | 3.53% | $78.04 |
| Year 12 | $9.74 | +5.70% | 3.74% | $87.79 |
| Year 13 | $10.30 | +5.70% | 3.95% | $98.09 |
| Year 14 | $10.89 | +5.70% | 4.17% | $108.97 |
| Year 15 | $11.51 | +5.70% | 4.41% | $120.48 |
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
