Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.89%.
YIELD ON COST (YOC)
3.89%
RMBI now pays $0.60 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 |
|---|---|---|
| 5 years ago(2021-10-05) | $15.63 | 3.84% |
| 3 years ago(2023-10-04) | $10.69 | 5.61% |
| 1 year ago(2025-10-06) | $14.05 | 4.27% |
| Buying today(at $15.28) | $15.28 | 3.89% |
Projection: starting from today's 3.89% yield, assuming the dividend keeps compounding at 20.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.89%
In 3 years
6.88%
In 5 years
10.08%
In 10 years
26.12%
Try your own purchase price, dividend and growth rate for Richmond Mutual Bancorporation, Inc. (RMBI).
Starting Yield
3.93%
Ending YOC
251.57%
Year 15 Dividend
$38.44
Cum. Dividends Recd.
$156.24
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.60 | N/A | 3.93% | $0.00 |
| Year 1 | $0.79 | +31.96% | 5.18% | $0.79 |
| Year 2 | $1.04 | +31.96% | 6.84% | $1.84 |
| Year 3 | $1.38 | +31.96% | 9.02% | $3.22 |
| Year 4 | $1.82 | +31.96% | 11.91% | $5.03 |
| Year 5 | $2.40 | +31.96% | 15.71% | $7.44 |
| Year 6 | $3.17 | +31.96% | 20.73% | $10.60 |
| Year 7 | $4.18 | +31.96% | 27.36% | $14.78 |
| Year 8 | $5.52 | +31.96% | 36.10% | $20.30 |
| Year 9 | $7.28 | +31.96% | 47.64% | $27.58 |
| Year 10 | $9.61 | +31.96% | 62.87% | $37.19 |
| Year 11 | $12.68 | +31.96% | 82.96% | $49.86 |
| Year 12 | $16.73 | +31.96% | 109.48% | $66.59 |
| Year 13 | $22.08 | +31.96% | 144.47% | $88.67 |
| Year 14 | $29.13 | +31.96% | 190.64% | $117.80 |
| Year 15 | $38.44 | +31.96% | 251.57% | $156.24 |
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
