Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.16%.
YIELD ON COST (YOC)
1.16%
RS now pays $4.90 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) | $75.54 | 6.49% |
| 5 years ago(2021-08-05) | $150.40 | 3.26% |
| 3 years ago(2023-08-08) | $284.37 | 1.72% |
| 1 year ago(2025-08-12) | $286.51 | 1.71% |
| Buying today(at $427.11) | $427.11 | 1.16% |
Projection: starting from today's 1.16% yield, assuming the dividend keeps compounding at its historical 13.9% rate. Boards set dividends each year, so actual figures will differ.
Today
1.16%
In 3 years
2.02%
In 5 years
2.93%
In 10 years
7.41%
Try your own purchase price, dividend and growth rate for Reliance Steel & Aluminum Co. (RS).
Starting Yield
1.15%
Ending YOC
8.12%
Year 15 Dividend
$34.70
Cum. Dividends Recd.
$243.58
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.90 | N/A | 1.15% | $0.00 |
| Year 1 | $5.58 | +13.94% | 1.31% | $5.58 |
| Year 2 | $6.36 | +13.94% | 1.49% | $11.94 |
| Year 3 | $7.25 | +13.94% | 1.70% | $19.19 |
| Year 4 | $8.26 | +13.94% | 1.93% | $27.45 |
| Year 5 | $9.41 | +13.94% | 2.20% | $36.86 |
| Year 6 | $10.72 | +13.94% | 2.51% | $47.58 |
| Year 7 | $12.22 | +13.94% | 2.86% | $59.80 |
| Year 8 | $13.92 | +13.94% | 3.26% | $73.72 |
| Year 9 | $15.86 | +13.94% | 3.71% | $89.58 |
| Year 10 | $18.07 | +13.94% | 4.23% | $107.65 |
| Year 11 | $20.59 | +13.94% | 4.82% | $128.24 |
| Year 12 | $23.46 | +13.94% | 5.49% | $151.69 |
| Year 13 | $26.73 | +13.94% | 6.26% | $178.42 |
| Year 14 | $30.46 | +13.94% | 7.13% | $208.88 |
| Year 15 | $34.70 | +13.94% | 8.12% | $243.58 |
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
