Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.55%.
YIELD ON COST (YOC)
1.55%
TRGP now pays $4.50 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(2016-09-08) | $48.36 | 9.31% |
| 5 years ago(2021-09-10) | $43.49 | 10.35% |
| 3 years ago(2023-09-13) | $84.77 | 5.31% |
| 1 year ago(2025-09-11) | $165.24 | 2.72% |
| Buying today |
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
| $289.36 |
| 1.55% |
Projection: starting from today's 1.55% yield, assuming the dividend keeps compounding at 75.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.55%
In 3 years
8.31%
In 5 years
25.43%
In 10 years
417.22%
Try your own purchase price, dividend and growth rate for Targa Resources Corp. (TRGP).
Starting Yield
1.56%
Ending YOC
46.31%
Year 15 Dividend
$134.02
Cum. Dividends Recd.
$639.62
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.50 | N/A | 1.56% | $0.00 |
| Year 1 | $5.64 | +25.39% | 1.95% | $5.64 |
| Year 2 | $7.08 | +25.39% | 2.45% | $12.72 |
| Year 3 | $8.87 | +25.39% | 3.07% | $21.59 |
| Year 4 | $11.12 | +25.39% | 3.84% | $32.71 |
| Year 5 | $13.95 | +25.39% | 4.82% | $46.66 |
| Year 6 | $17.49 | +25.39% | 6.04% | $64.15 |
| Year 7 | $21.93 | +25.39% | 7.58% | $86.08 |
| Year 8 | $27.50 | +25.39% | 9.50% | $113.58 |
| Year 9 | $34.48 | +25.39% | 11.92% | $148.06 |
| Year 10 | $43.24 | +25.39% | 14.94% | $191.30 |
| Year 11 | $54.21 | +25.39% | 18.74% | $245.51 |
| Year 12 | $67.98 | +25.39% | 23.49% | $313.49 |
| Year 13 | $85.24 | +25.39% | 29.46% | $398.73 |
| Year 14 | $106.88 | +25.39% | 36.94% | $505.61 |
| Year 15 | $134.02 | +25.39% | 46.31% | $639.62 |
