Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 5.62%.
YIELD ON COST (YOC)
5.62%
VZ now pays $2.80 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(2016-09-07) | $53.71 | 5.21% |
| 5 years ago(2021-09-15) | $54.57 | 5.13% |
| 3 years ago(2023-09-06) | $34.18 | 8.19% |
| 1 year ago(2025-09-10) | $43.49 | 6.44% |
| Buying today(at $49.74) | $49.74 | 5.62% |
Projection: starting from today's 5.62% yield, assuming the dividend keeps compounding at 1.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
5.62%
In 3 years
5.95%
In 5 years
6.18%
In 10 years
6.80%
Try your own purchase price, dividend and growth rate for Verizon Communications Inc. (VZ).
Starting Yield
5.63%
Ending YOC
7.52%
Year 15 Dividend
$3.74
Cum. Dividends Recd.
$49.19
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.80 | N/A | 5.63% | $0.00 |
| Year 1 | $2.85 | +1.95% | 5.74% | $2.85 |
| Year 2 | $2.91 | +1.95% | 5.85% | $5.76 |
| Year 3 | $2.97 | +1.95% | 5.97% | $8.73 |
| Year 4 | $3.02 | +1.95% | 6.08% | $11.76 |
| Year 5 | $3.08 | +1.95% | 6.20% | $14.84 |
| Year 6 | $3.14 | +1.95% | 6.32% | $17.98 |
| Year 7 | $3.21 | +1.95% | 6.44% | $21.19 |
| Year 8 | $3.27 | +1.95% | 6.57% | $24.46 |
| Year 9 | $3.33 | +1.95% | 6.70% | $27.79 |
| Year 10 | $3.40 | +1.95% | 6.83% | $31.19 |
| Year 11 | $3.46 | +1.95% | 6.96% | $34.65 |
| Year 12 | $3.53 | +1.95% | 7.10% | $38.18 |
| Year 13 | $3.60 | +1.95% | 7.24% | $41.78 |
| Year 14 | $3.67 | +1.95% | 7.38% | $45.45 |
| Year 15 | $3.74 | +1.95% | 7.52% | $49.19 |
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
