Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.28%.
YIELD ON COST (YOC)
1.28%
VLO now pays $4.73 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(2016-08-30) | $55.80 | 8.48% |
| 5 years ago(2021-09-08) | $63.70 | 7.43% |
| 3 years ago(2023-08-29) | $131.39 | 3.60% |
| 1 year ago(2025-09-03) | $155.38 | 3.04% |
| Buying today(at $382.85) | $382.85 | 1.28% |
Projection: starting from today's 1.28% yield, assuming the dividend keeps compounding at 3.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.28%
In 3 years
1.42%
In 5 years
1.52%
In 10 years
1.82%
Try your own purchase price, dividend and growth rate for Valero Energy Corporation (VLO).
Starting Yield
1.24%
Ending YOC
1.89%
Year 15 Dividend
$7.25
Cum. Dividends Recd.
$89.79
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.73 | N/A | 1.24% | $0.00 |
| Year 1 | $4.87 | +2.89% | 1.27% | $4.87 |
| Year 2 | $5.01 | +2.89% | 1.31% | $9.87 |
| Year 3 | $5.15 | +2.89% | 1.35% | $15.03 |
| Year 4 | $5.30 | +2.89% | 1.38% | $20.33 |
| Year 5 | $5.45 | +2.89% | 1.42% | $25.78 |
| Year 6 | $5.61 | +2.89% | 1.47% | $31.39 |
| Year 7 | $5.77 | +2.89% | 1.51% | $37.17 |
| Year 8 | $5.94 | +2.89% | 1.55% | $43.11 |
| Year 9 | $6.11 | +2.89% | 1.60% | $49.22 |
| Year 10 | $6.29 | +2.89% | 1.64% | $55.51 |
| Year 11 | $6.47 | +2.89% | 1.69% | $61.98 |
| Year 12 | $6.66 | +2.89% | 1.74% | $68.64 |
| Year 13 | $6.85 | +2.89% | 1.79% | $75.49 |
| Year 14 | $7.05 | +2.89% | 1.84% | $82.54 |
| Year 15 | $7.25 | +2.89% | 1.89% | $89.79 |
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
