Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.37%.
YIELD ON COST (YOC)
4.37%
TRN now pays $1.23 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(2016-09-06) | $17.42 | 7.06% |
| 5 years ago(2021-09-14) | $27.37 | 4.49% |
| 3 years ago(2023-09-05) | $24.11 | 5.10% |
| 1 year ago(2025-09-09) | $28.17 | 4.37% |
| Buying today(at $28.50) | $28.50 | 4.37% |
Projection: starting from today's 4.37% yield, assuming the dividend keeps compounding at 9.3% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.37%
In 3 years
5.71%
In 5 years
6.82%
In 10 years
10.66%
Try your own purchase price, dividend and growth rate for Trinity Industries, Inc. (TRN).
Starting Yield
4.32%
Ending YOC
17.00%
Year 15 Dividend
$4.84
Cum. Dividends Recd.
$41.39
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.23 | N/A | 4.32% | $0.00 |
| Year 1 | $1.35 | +9.57% | 4.73% | $1.35 |
| Year 2 | $1.48 | +9.57% | 5.18% | $2.82 |
| Year 3 | $1.62 | +9.57% | 5.68% | $4.44 |
| Year 4 | $1.77 | +9.57% | 6.22% | $6.22 |
| Year 5 | $1.94 | +9.57% | 6.82% | $8.16 |
| Year 6 | $2.13 | +9.57% | 7.47% | $10.29 |
| Year 7 | $2.33 | +9.57% | 8.18% | $12.62 |
| Year 8 | $2.56 | +9.57% | 8.97% | $15.17 |
| Year 9 | $2.80 | +9.57% | 9.82% | $17.97 |
| Year 10 | $3.07 | +9.57% | 10.76% | $21.04 |
| Year 11 | $3.36 | +9.57% | 11.79% | $24.40 |
| Year 12 | $3.68 | +9.57% | 12.92% | $28.09 |
| Year 13 | $4.04 | +9.57% | 14.16% | $32.12 |
| Year 14 | $4.42 | +9.57% | 15.51% | $36.54 |
| Year 15 | $4.84 | +9.57% | 17.00% | $41.39 |
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
