Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 7.99%.
YIELD ON COST (YOC)
7.99%
VLYPP now pays $2.00 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(2016-10-06) | $29.30 | 6.83% |
| 5 years ago(2021-10-05) | $28.24 | 7.08% |
| 3 years ago(2023-10-06) | $17.84 | 11.21% |
| 1 year ago(2025-10-07) | $25.31 | 7.90% |
| Buying today(at $25.01) | $25.01 | 7.99% |
Projection: starting from today's 7.99% yield, assuming the dividend keeps compounding at 4.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
7.99%
In 3 years
8.99%
In 5 years
9.73%
In 10 years
11.85%
Try your own purchase price, dividend and growth rate for Valley National Bancorp (VLYPP).
Starting Yield
8.00%
Ending YOC
12.83%
Year 15 Dividend
$3.21
Cum. Dividends Recd.
$38.96
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.00 | N/A | 8.00% | $0.00 |
| Year 1 | $2.06 | +3.20% | 8.25% | $2.06 |
| Year 2 | $2.13 | +3.20% | 8.52% | $4.19 |
| Year 3 | $2.20 | +3.20% | 8.79% | $6.39 |
| Year 4 | $2.27 | +3.20% | 9.07% | $8.66 |
| Year 5 | $2.34 | +3.20% | 9.36% | $11.00 |
| Year 6 | $2.42 | +3.20% | 9.66% | $13.42 |
| Year 7 | $2.49 | +3.20% | 9.97% | $15.91 |
| Year 8 | $2.57 | +3.20% | 10.29% | $18.48 |
| Year 9 | $2.66 | +3.20% | 10.62% | $21.14 |
| Year 10 | $2.74 | +3.20% | 10.96% | $23.88 |
| Year 11 | $2.83 | +3.20% | 11.31% | $26.71 |
| Year 12 | $2.92 | +3.20% | 11.67% | $29.63 |
| Year 13 | $3.01 | +3.20% | 12.04% | $32.64 |
| Year 14 | $3.11 | +3.20% | 12.43% | $35.75 |
| Year 15 | $3.21 | +3.20% | 12.83% | $38.96 |
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
