Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.44%.
YIELD ON COST (YOC)
3.44%
VLY now pays $0.44 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(2016-09-29) | $9.62 | 4.57% |
| 5 years ago(2021-09-27) | $13.52 | 3.25% |
| 3 years ago(2023-09-28) | $8.46 | 5.20% |
| 1 year ago(2025-10-02) | $10.57 | 4.16% |
| Buying today(at $12.82) | $12.82 | 3.44% |
Projection: starting from today's 3.44% yield, assuming the dividend keeps compounding at 0.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.44%
In 3 years
3.44%
In 5 years
3.44%
In 10 years
3.44%
Try your own purchase price, dividend and growth rate for Valley National Bancorp (VLY).
Starting Yield
3.43%
Ending YOC
8.83%
Year 15 Dividend
$1.13
Cum. Dividends Recd.
$11.33
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.44 | N/A | 3.43% | $0.00 |
| Year 1 | $0.47 | +6.50% | 3.66% | $0.47 |
| Year 2 | $0.50 | +6.50% | 3.89% | $0.97 |
| Year 3 | $0.53 | +6.50% | 4.15% | $1.50 |
| Year 4 | $0.57 | +6.50% | 4.42% | $2.07 |
| Year 5 | $0.60 | +6.50% | 4.70% | $2.67 |
| Year 6 | $0.64 | +6.50% | 5.01% | $3.31 |
| Year 7 | $0.68 | +6.50% | 5.33% | $3.99 |
| Year 8 | $0.73 | +6.50% | 5.68% | $4.72 |
| Year 9 | $0.78 | +6.50% | 6.05% | $5.50 |
| Year 10 | $0.83 | +6.50% | 6.44% | $6.32 |
| Year 11 | $0.88 | +6.50% | 6.86% | $7.20 |
| Year 12 | $0.94 | +6.50% | 7.31% | $8.14 |
| Year 13 | $1.00 | +6.50% | 7.78% | $9.14 |
| Year 14 | $1.06 | +6.50% | 8.29% | $10.20 |
| Year 15 | $1.13 | +6.50% | 8.83% | $11.33 |
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
