Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.53%.
YIELD ON COST (YOC)
2.53%
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(2016-09-14) | $108.73 | 4.34% |
| 5 years ago(2021-09-07) | $365.16 | 1.29% |
| 3 years ago(2023-09-08) | $216.92 | 2.18% |
| 1 year ago(2025-09-12) | $199.97 | 2.36% |
| Buying today(at $184.26) | $184.26 | 2.53% |
Projection: starting from today's 2.53% yield, assuming the dividend keeps compounding at 17.6% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.53%
In 3 years
4.11%
In 5 years
5.69%
In 10 years
12.81%
Try your own purchase price, dividend and growth rate for SBA Communications Corporation (SBAC).
Starting Yield
2.56%
Ending YOC
34.85%
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 | 2.56% | $0.00 |
| Year 1 | $5.62 | +19.01% | 3.05% | $5.62 |
| Year 2 | $6.69 | +19.01% | 3.63% | $12.30 |
| Year 3 | $7.96 | +19.01% | 4.32% | $20.26 |
| Year 4 | $9.47 | +19.01% | 5.14% | $29.73 |
| Year 5 | $11.27 | +19.01% | 6.12% | $41.00 |
| Year 6 | $13.41 | +19.01% | 7.28% | $54.41 |
| Year 7 | $15.96 | +19.01% | 8.66% | $70.37 |
| Year 8 | $18.99 | +19.01% | 10.31% | $89.36 |
| Year 9 | $22.60 | +19.01% | 12.27% | $111.96 |
| Year 10 | $26.90 | +19.01% | 14.60% | $138.86 |
| Year 11 | $32.02 | +19.01% | 17.37% | $170.88 |
| Year 12 | $38.10 | +19.01% | 20.68% | $208.98 |
| Year 13 | $45.34 | +19.01% | 24.61% | $254.33 |
| Year 14 | $53.96 | +19.01% | 29.29% | $308.29 |
| Year 15 | $64.22 | +19.01% | 34.85% | $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
