Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.72%.
YIELD ON COST (YOC)
3.72%
SJM now pays $4.40 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(2016-07-20) | $152.39 | 2.89% |
| 5 years ago(2021-07-28) | $130.76 | 3.36% |
| 3 years ago(2023-07-19) | $149.69 | 2.94% |
| 1 year ago(2025-07-23) | $109.12 | 4.03% |
| Buying today(at $118.32) | $118.32 | 3.72% |
Projection: starting from today's 3.72% yield, assuming the dividend keeps compounding at its historical 4.1% rate. Boards set dividends each year, so actual figures will differ.
Today
3.72%
In 3 years
4.29%
In 5 years
4.72%
In 10 years
5.98%
Try your own purchase price, dividend and growth rate for The J. M. Smucker Company (SJM).
Starting Yield
3.72%
Ending YOC
6.83%
Year 15 Dividend
$8.09
Cum. Dividends Recd.
$92.71
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.40 | N/A | 3.72% | $0.00 |
| Year 1 | $4.58 | +4.14% | 3.87% | $4.58 |
| Year 2 | $4.77 | +4.14% | 4.03% | $9.35 |
| Year 3 | $4.97 | +4.14% | 4.20% | $14.32 |
| Year 4 | $5.18 | +4.14% | 4.37% | $19.50 |
| Year 5 | $5.39 | +4.14% | 4.55% | $24.89 |
| Year 6 | $5.61 | +4.14% | 4.74% | $30.50 |
| Year 7 | $5.84 | +4.14% | 4.94% | $36.35 |
| Year 8 | $6.09 | +4.14% | 5.14% | $42.43 |
| Year 9 | $6.34 | +4.14% | 5.36% | $48.77 |
| Year 10 | $6.60 | +4.14% | 5.58% | $55.37 |
| Year 11 | $6.87 | +4.14% | 5.81% | $62.25 |
| Year 12 | $7.16 | +4.14% | 6.05% | $69.41 |
| Year 13 | $7.46 | +4.14% | 6.30% | $76.86 |
| Year 14 | $7.76 | +4.14% | 6.56% | $84.63 |
| Year 15 | $8.09 | +4.14% | 6.83% | $92.71 |
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
