Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.79%.
YIELD ON COST (YOC)
3.79%
STEP now pays $1.72 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 |
|---|---|---|
| 5 years ago(2021-10-04) | $41.50 | 4.14% |
| 3 years ago(2023-10-05) | $30.55 | 5.63% |
| 1 year ago(2025-10-03) | $66.96 | 2.57% |
| Buying today(at $45.13) | $45.13 | 3.79% |
Projection: starting from today's 3.79% yield, assuming the dividend keeps compounding at 41.4% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.79%
In 3 years
10.72%
In 5 years
21.43%
In 10 years
121.24%
Try your own purchase price, dividend and growth rate for StepStone Group Inc. (STEP).
Starting Yield
3.81%
Ending YOC
12.09%
Year 15 Dividend
$5.46
Cum. Dividends Recd.
$50.44
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.72 | N/A | 3.81% | $0.00 |
| Year 1 | $1.86 | +8.00% | 4.12% | $1.86 |
| Year 2 | $2.01 | +8.00% | 4.44% | $3.86 |
| Year 3 | $2.17 | +8.00% | 4.80% | $6.03 |
| Year 4 | $2.34 | +8.00% | 5.18% | $8.37 |
| Year 5 | $2.53 | +8.00% | 5.60% | $10.90 |
| Year 6 | $2.73 | +8.00% | 6.05% | $13.63 |
| Year 7 | $2.95 | +8.00% | 6.53% | $16.57 |
| Year 8 | $3.18 | +8.00% | 7.05% | $19.76 |
| Year 9 | $3.44 | +8.00% | 7.62% | $23.20 |
| Year 10 | $3.71 | +8.00% | 8.23% | $26.91 |
| Year 11 | $4.01 | +8.00% | 8.89% | $30.92 |
| Year 12 | $4.33 | +8.00% | 9.60% | $35.25 |
| Year 13 | $4.68 | +8.00% | 10.36% | $39.93 |
| Year 14 | $5.05 | +8.00% | 11.19% | $44.98 |
| Year 15 | $5.46 | +8.00% | 12.09% | $50.44 |
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
