Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.95%.
YIELD ON COST (YOC)
1.95%
VOYA now pays $1.88 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) | $28.31 | 6.64% |
| 5 years ago(2021-10-01) | $61.92 | 3.04% |
| 3 years ago(2023-09-28) | $67.28 | 2.79% |
| 1 year ago(2025-10-02) | $74.74 | 2.52% |
| Buying today(at $96.65) | $96.65 | 1.95% |
Projection: starting from today's 1.95% yield, assuming the dividend keeps compounding at 27.2% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.95%
In 3 years
4.01%
In 5 years
6.49%
In 10 years
21.63%
Try your own purchase price, dividend and growth rate for Voya Financial, Inc. (VOYA).
Starting Yield
1.95%
Ending YOC
54.30%
Year 15 Dividend
$52.48
Cum. Dividends Recd.
$254.22
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.88 | N/A | 1.95% | $0.00 |
| Year 1 | $2.35 | +24.85% | 2.43% | $2.35 |
| Year 2 | $2.93 | +24.85% | 3.03% | $5.28 |
| Year 3 | $3.66 | +24.85% | 3.79% | $8.94 |
| Year 4 | $4.57 | +24.85% | 4.73% | $13.50 |
| Year 5 | $5.70 | +24.85% | 5.90% | $19.21 |
| Year 6 | $7.12 | +24.85% | 7.37% | $26.33 |
| Year 7 | $8.89 | +24.85% | 9.20% | $35.22 |
| Year 8 | $11.10 | +24.85% | 11.48% | $46.32 |
| Year 9 | $13.86 | +24.85% | 14.34% | $60.17 |
| Year 10 | $17.30 | +24.85% | 17.90% | $77.47 |
| Year 11 | $21.60 | +24.85% | 22.35% | $99.07 |
| Year 12 | $26.97 | +24.85% | 27.90% | $126.04 |
| Year 13 | $33.67 | +24.85% | 34.83% | $159.70 |
| Year 14 | $42.03 | +24.85% | 43.49% | $201.74 |
| Year 15 | $52.48 | +24.85% | 54.30% | $254.22 |
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
