Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.58%.
YIELD ON COST (YOC)
1.58%
SPFI now pays $0.68 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 |
|---|---|---|
| 5 years ago(2021-10-04) | $24.55 | 2.77% |
| 3 years ago(2023-10-05) | $26.88 | 2.53% |
| 1 year ago(2025-10-03) | $38.87 | 1.75% |
| Buying today(at $42.76) | $42.76 | 1.58% |
Projection: starting from today's 1.58% yield, assuming the dividend keeps compounding at 20.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.58%
In 3 years
2.73%
In 5 years
3.92%
In 10 years
9.72%
Try your own purchase price, dividend and growth rate for South Plains Financial, Inc. (SPFI).
Starting Yield
1.59%
Ending YOC
138.21%
Year 15 Dividend
$59.10
Cum. Dividends Recd.
$226.91
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.68 | N/A | 1.59% | $0.00 |
| Year 1 | $0.92 | +34.67% | 2.14% | $0.92 |
| Year 2 | $1.23 | +34.67% | 2.88% | $2.15 |
| Year 3 | $1.66 | +34.67% | 3.88% | $3.81 |
| Year 4 | $2.24 | +34.67% | 5.23% | $6.05 |
| Year 5 | $3.01 | +34.67% | 7.04% | $9.06 |
| Year 6 | $4.06 | +34.67% | 9.49% | $13.11 |
| Year 7 | $5.46 | +34.67% | 12.78% | $18.58 |
| Year 8 | $7.36 | +34.67% | 17.20% | $25.93 |
| Year 9 | $9.91 | +34.67% | 23.17% | $35.84 |
| Year 10 | $13.34 | +34.67% | 31.20% | $49.18 |
| Year 11 | $17.97 | +34.67% | 42.02% | $67.15 |
| Year 12 | $24.20 | +34.67% | 56.59% | $91.35 |
| Year 13 | $32.59 | +34.67% | 76.21% | $123.93 |
| Year 14 | $43.88 | +34.67% | 102.63% | $167.82 |
| Year 15 | $59.10 | +34.67% | 138.21% | $226.91 |
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
