Basis: Latest reported fiscal year. 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%
TRGP now pays $4.25 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(2016-08-04) | $40.45 | 10.51% |
| 5 years ago(2021-08-06) | $42.88 | 9.91% |
| 3 years ago(2023-08-03) | $81.81 | 5.19% |
| 1 year ago(2025-08-07) | $166.89 | 2.55% |
| Buying today(at $256.87) | $256.87 | 1.58% |
Projection: starting from today's 1.58% yield, assuming the dividend keeps compounding at its historical 25.4% rate. Boards set dividends each year, so actual figures will differ.
Today
1.58%
In 3 years
14.85%
In 5 years
66.04%
In 10 years
2752.87%
Try your own purchase price, dividend and growth rate for Targa Resources Corp. (TRGP).
Starting Yield
1.65%
Ending YOC
49.27%
Year 15 Dividend
$126.57
Cum. Dividends Recd.
$604.09
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.25 | N/A | 1.65% | $0.00 |
| Year 1 | $5.33 | +25.39% | 2.07% | $5.33 |
| Year 2 | $6.68 | +25.39% | 2.60% | $12.01 |
| Year 3 | $8.38 | +25.39% | 3.26% | $20.39 |
| Year 4 | $10.51 | +25.39% | 4.09% | $30.90 |
| Year 5 | $13.17 | +25.39% | 5.13% | $44.07 |
| Year 6 | $16.52 | +25.39% | 6.43% | $60.59 |
| Year 7 | $20.71 | +25.39% | 8.06% | $81.30 |
| Year 8 | $25.97 | +25.39% | 10.11% | $107.27 |
| Year 9 | $32.57 | +25.39% | 12.68% | $139.84 |
| Year 10 | $40.83 | +25.39% | 15.90% | $180.67 |
| Year 11 | $51.20 | +25.39% | 19.93% | $231.87 |
| Year 12 | $64.20 | +25.39% | 24.99% | $296.07 |
| Year 13 | $80.50 | +25.39% | 31.34% | $376.57 |
| Year 14 | $100.94 | +25.39% | 39.30% | $477.52 |
| Year 15 | $126.57 | +25.39% | 49.27% | $604.09 |
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
