Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.26%.
YIELD ON COST (YOC)
1.26%
RS now pays $4.95 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) | $73.99 | 6.69% |
| 5 years ago(2021-09-14) | $146.04 | 3.39% |
| 3 years ago(2023-09-15) | $261.03 | 1.90% |
| 1 year ago(2025-09-09) | $293.07 | 1.69% |
| Buying today(at $387.28) | $387.28 | 1.26% |
Projection: starting from today's 1.26% yield, assuming the dividend keeps compounding at 14.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.26%
In 3 years
1.91%
In 5 years
2.52%
In 10 years
5.05%
Try your own purchase price, dividend and growth rate for Reliance Steel & Aluminum Co. (RS).
Starting Yield
1.28%
Ending YOC
9.05%
Year 15 Dividend
$35.05
Cum. Dividends Recd.
$246.07
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.95 | N/A | 1.28% | $0.00 |
| Year 1 | $5.64 | +13.94% | 1.46% | $5.64 |
| Year 2 | $6.43 | +13.94% | 1.66% | $12.07 |
| Year 3 | $7.32 | +13.94% | 1.89% | $19.39 |
| Year 4 | $8.34 | +13.94% | 2.15% | $27.73 |
| Year 5 | $9.51 | +13.94% | 2.45% | $37.24 |
| Year 6 | $10.83 | +13.94% | 2.80% | $48.07 |
| Year 7 | $12.34 | +13.94% | 3.19% | $60.41 |
| Year 8 | $14.06 | +13.94% | 3.63% | $74.47 |
| Year 9 | $16.02 | +13.94% | 4.14% | $90.49 |
| Year 10 | $18.25 | +13.94% | 4.71% | $108.74 |
| Year 11 | $20.80 | +13.94% | 5.37% | $129.54 |
| Year 12 | $23.70 | +13.94% | 6.12% | $153.24 |
| Year 13 | $27.00 | +13.94% | 6.97% | $180.24 |
| Year 14 | $30.77 | +13.94% | 7.94% | $211.01 |
| Year 15 | $35.05 | +13.94% | 9.05% | $246.07 |
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
