State Street SPDR S&P 500 ETF Trust (SPY) Yield on Cost (YOC): 1.01%
The yield on cost (YOC) for State Street SPDR S&P 500 ETF Trust (SPY) is 1.01%.
SPY Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
1.01%
Forward Yield on Cost Projections
If you buy SPY today at the current stock price of $728.10 with a yield of 1.01% and dividends continue to grow at the historical rate (5.0% CAGR), your YOC would be:
Current Yield
1.01%
YOC in 3 Years
1.29%
YOC in 5 Years
1.52%
YOC in 10 Years
2.27%
Interactive Yield on Cost Calculator
Project custom investment returns for State Street SPDR S&P 500 ETF Trust (SPY) based on your custom cost basis.
Starting Yield
1.01%
Ending YOC
2.12%
Year 15 Dividend
$15.45
Cum. Dividends Recd.
$167.92
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $7.38 | — | 1.01% | $0.00 |
| Year 1 | $7.75 | +5.05% | 1.06% | $7.75 |
| Year 2 | $8.14 | +5.05% | 1.12% | $15.90 |
| Year 3 | $8.56 | +5.05% | 1.18% | $24.45 |
| Year 4 | $8.99 | +5.05% | 1.23% | $33.44 |
| Year 5 | $9.44 | +5.05% | 1.30% | $42.88 |
| Year 6 | $9.92 | +5.05% | 1.36% | $52.80 |
| Year 7 | $10.42 | +5.05% | 1.43% | $63.22 |
| Year 8 | $10.95 | +5.05% | 1.50% | $74.16 |
| Year 9 | $11.50 | +5.05% | 1.58% | $85.66 |
| Year 10 | $12.08 | +5.05% | 1.66% | $97.74 |
| Year 11 | $12.69 | +5.05% | 1.74% | $110.43 |
| Year 12 | $13.33 | +5.05% | 1.83% | $123.76 |
| Year 13 | $14.00 | +5.05% | 1.92% | $137.76 |
| Year 14 | $14.71 | +5.05% | 2.02% | $152.47 |
| Year 15 | $15.45 | +5.05% | 2.12% | $167.92 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
State Street SPDR S&P 500 ETF Trust Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
State Street SPDR S&P 500 ETF Trust Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for State Street SPDR S&P 500 ETF Trust (SPY)?
- The yield on cost (YOC) for SPY stock is 1.01%.
About State Street SPDR S&P 500 ETF Trust
The State Street SPDR S&P 500 ETF Trust, or SPY, aims to replicate the total return, encompassing both price appreciation and dividends, of the S&P 500 Index, prior to its operating expenses. This underlying benchmark represents a broad cross-section of leading U.S. corporations, featuring companies across all eleven GICS industry sectors. Notably, SPY debuted in January 1993, making it the pioneering exchange-traded fund to be listed in the United States.
- Sector
- Financial Services
- Industry
- Asset Management - Global