Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.80%.
YIELD ON COST (YOC)
0.80%
TSM now pays $3.50 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) | $29.79 | 11.75% |
| 5 years ago(2021-09-03) | $123.97 | 2.82% |
| 3 years ago(2023-09-07) | $90.05 | 3.89% |
| 1 year ago(2025-09-11) | $258.91 | 1.35% |
| Buying today(at $438.55) | $438.55 | 0.80% |
Projection: starting from today's 0.80% yield, assuming the dividend keeps compounding at 14.2% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
0.80%
In 3 years
1.19%
In 5 years
1.55%
In 10 years
3.02%
Try your own purchase price, dividend and growth rate for Taiwan Semiconductor Manufacturing Company Limited (TSM).
Starting Yield
0.80%
Ending YOC
4.95%
Year 15 Dividend
$21.69
Cum. Dividends Recd.
$158.85
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.50 | N/A | 0.80% | $0.00 |
| Year 1 | $3.95 | +12.93% | 0.90% | $3.95 |
| Year 2 | $4.46 | +12.93% | 1.02% | $8.42 |
| Year 3 | $5.04 | +12.93% | 1.15% | $13.46 |
| Year 4 | $5.69 | +12.93% | 1.30% | $19.15 |
| Year 5 | $6.43 | +12.93% | 1.47% | $25.58 |
| Year 6 | $7.26 | +12.93% | 1.66% | $32.84 |
| Year 7 | $8.20 | +12.93% | 1.87% | $41.04 |
| Year 8 | $9.26 | +12.93% | 2.11% | $50.29 |
| Year 9 | $10.46 | +12.93% | 2.38% | $60.75 |
| Year 10 | $11.81 | +12.93% | 2.69% | $72.56 |
| Year 11 | $13.33 | +12.93% | 3.04% | $85.89 |
| Year 12 | $15.06 | +12.93% | 3.43% | $100.95 |
| Year 13 | $17.01 | +12.93% | 3.88% | $117.96 |
| Year 14 | $19.20 | +12.93% | 4.38% | $137.16 |
| Year 15 | $21.69 | +12.93% | 4.95% | $158.85 |
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
