Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.34%.
YIELD ON COST (YOC)
4.34%
T now pays $1.11 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(2016-09-13) | $30.17 | 3.68% |
| 5 years ago(2021-09-09) | $20.70 | 5.36% |
| 3 years ago(2023-09-12) | $14.46 | 7.68% |
| 1 year ago(2025-09-04) | $29.58 | 3.75% |
| Buying today(at $25.16) | $25.16 | 4.34% |
Projection: starting from today's 4.34% yield, assuming the dividend keeps compounding at -14.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.34%
In 3 years
2.71%
In 5 years
1.98%
In 10 years
0.90%
Try your own purchase price, dividend and growth rate for AT&T Inc. (T).
Starting Yield
4.41%
Ending YOC
0.67%
Year 15 Dividend
$0.17
Cum. Dividends Recd.
$7.04
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.11 | N/A | 4.41% | $0.00 |
| Year 1 | $0.98 | -11.80% | 3.89% | $0.98 |
| Year 2 | $0.86 | -11.80% | 3.43% | $1.84 |
| Year 3 | $0.76 | -11.80% | 3.03% | $2.60 |
| Year 4 | $0.67 | -11.80% | 2.67% | $3.28 |
| Year 5 | $0.59 | -11.80% | 2.36% | $3.87 |
| Year 6 | $0.52 | -11.80% | 2.08% | $4.39 |
| Year 7 | $0.46 | -11.80% | 1.83% | $4.85 |
| Year 8 | $0.41 | -11.80% | 1.62% | $5.26 |
| Year 9 | $0.36 | -11.80% | 1.43% | $5.62 |
| Year 10 | $0.32 | -11.80% | 1.26% | $5.93 |
| Year 11 | $0.28 | -11.80% | 1.11% | $6.21 |
| Year 12 | $0.25 | -11.80% | 0.98% | $6.46 |
| Year 13 | $0.22 | -11.80% | 0.86% | $6.67 |
| Year 14 | $0.19 | -11.80% | 0.76% | $6.87 |
| Year 15 | $0.17 | -11.80% | 0.67% | $7.04 |
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
