Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.12%.
YIELD ON COST (YOC)
3.12%
SHEL now pays $3.02 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) | $50.28 | 6.01% |
| 5 years ago(2021-09-14) | $40.11 | 7.53% |
| 3 years ago(2023-09-15) | $64.65 | 4.67% |
| 1 year ago(2025-09-09) | $71.92 | 4.20% |
| Buying today(at $96.47) | $96.47 | 3.12% |
Projection: starting from today's 3.12% yield, assuming the dividend keeps compounding at 15.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.12%
In 3 years
4.74%
In 5 years
6.27%
In 10 years
12.59%
Try your own purchase price, dividend and growth rate for Shell plc (SHEL).
Starting Yield
3.13%
Ending YOC
10.51%
Year 15 Dividend
$10.14
Cum. Dividends Recd.
$91.78
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.02 | N/A | 3.13% | $0.00 |
| Year 1 | $3.27 | +8.41% | 3.39% | $3.27 |
| Year 2 | $3.55 | +8.41% | 3.68% | $6.82 |
| Year 3 | $3.85 | +8.41% | 3.99% | $10.67 |
| Year 4 | $4.17 | +8.41% | 4.32% | $14.84 |
| Year 5 | $4.52 | +8.41% | 4.69% | $19.36 |
| Year 6 | $4.90 | +8.41% | 5.08% | $24.27 |
| Year 7 | $5.31 | +8.41% | 5.51% | $29.58 |
| Year 8 | $5.76 | +8.41% | 5.97% | $35.34 |
| Year 9 | $6.25 | +8.41% | 6.47% | $41.59 |
| Year 10 | $6.77 | +8.41% | 7.02% | $48.36 |
| Year 11 | $7.34 | +8.41% | 7.61% | $55.70 |
| Year 12 | $7.96 | +8.41% | 8.25% | $63.66 |
| Year 13 | $8.63 | +8.41% | 8.94% | $72.29 |
| Year 14 | $9.35 | +8.41% | 9.70% | $81.64 |
| Year 15 | $10.14 | +8.41% | 10.51% | $91.78 |
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
