Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.72%.
YIELD ON COST (YOC)
2.72%
SBAC now pays $4.72 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(2016-07-26) | $112.38 | 4.20% |
| 5 years ago(2021-07-28) | $340.32 | 1.39% |
| 3 years ago(2023-07-20) | $222.86 | 2.12% |
| 1 year ago(2025-07-24) | $235.12 | 2.01% |
| Buying today(at $173.57) | $173.57 | 2.72% |
Projection: starting from today's 2.72% yield, assuming the dividend keeps compounding at its historical 19.0% rate. Boards set dividends each year, so actual figures will differ.
Today
2.72%
In 3 years
5.20%
In 5 years
8.02%
In 10 years
23.67%
Try your own purchase price, dividend and growth rate for SBA Communications Corporation (SBAC).
Starting Yield
2.72%
Ending YOC
37.00%
Year 15 Dividend
$64.22
Cum. Dividends Recd.
$372.51
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.72 | N/A | 2.72% | $0.00 |
| Year 1 | $5.62 | +19.01% | 3.24% | $5.62 |
| Year 2 | $6.69 | +19.01% | 3.85% | $12.30 |
| Year 3 | $7.96 | +19.01% | 4.58% | $20.26 |
| Year 4 | $9.47 | +19.01% | 5.46% | $29.73 |
| Year 5 | $11.27 | +19.01% | 6.49% | $41.00 |
| Year 6 | $13.41 | +19.01% | 7.73% | $54.41 |
| Year 7 | $15.96 | +19.01% | 9.19% | $70.37 |
| Year 8 | $18.99 | +19.01% | 10.94% | $89.36 |
| Year 9 | $22.60 | +19.01% | 13.02% | $111.96 |
| Year 10 | $26.90 | +19.01% | 15.50% | $138.86 |
| Year 11 | $32.02 | +19.01% | 18.45% | $170.88 |
| Year 12 | $38.10 | +19.01% | 21.95% | $208.98 |
| Year 13 | $45.34 | +19.01% | 26.12% | $254.33 |
| Year 14 | $53.96 | +19.01% | 31.09% | $308.29 |
| Year 15 | $64.22 | +19.01% | 37.00% | $372.51 |
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
