Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.56%.
YIELD ON COST (YOC)
1.56%
WM now pays $3.54 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(2016-08-10) | $66.55 | 5.32% |
| 5 years ago(2021-08-06) | $147.84 | 2.39% |
| 3 years ago(2023-08-09) | $161.50 | 2.19% |
| 1 year ago(2025-08-13) | $229.90 | 1.54% |
| Buying today(at $224.80) | $224.80 | 1.56% |
Projection: starting from today's 1.56% yield, assuming the dividend keeps compounding at its historical 8.7% rate. Boards set dividends each year, so actual figures will differ.
Today
1.56%
In 3 years
2.24%
In 5 years
2.85%
In 10 years
5.21%
Try your own purchase price, dividend and growth rate for Waste Management, Inc. (WM).
Starting Yield
1.57%
Ending YOC
5.47%
Year 15 Dividend
$12.29
Cum. Dividends Recd.
$109.87
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.54 | N/A | 1.57% | $0.00 |
| Year 1 | $3.85 | +8.65% | 1.71% | $3.85 |
| Year 2 | $4.18 | +8.65% | 1.86% | $8.03 |
| Year 3 | $4.54 | +8.65% | 2.02% | $12.57 |
| Year 4 | $4.93 | +8.65% | 2.19% | $17.50 |
| Year 5 | $5.36 | +8.65% | 2.38% | $22.86 |
| Year 6 | $5.82 | +8.65% | 2.59% | $28.68 |
| Year 7 | $6.33 | +8.65% | 2.81% | $35.01 |
| Year 8 | $6.87 | +8.65% | 3.06% | $41.88 |
| Year 9 | $7.47 | +8.65% | 3.32% | $49.35 |
| Year 10 | $8.12 | +8.65% | 3.61% | $57.47 |
| Year 11 | $8.82 | +8.65% | 3.92% | $66.29 |
| Year 12 | $9.58 | +8.65% | 4.26% | $75.87 |
| Year 13 | $10.41 | +8.65% | 4.63% | $86.27 |
| Year 14 | $11.31 | +8.65% | 5.03% | $97.58 |
| Year 15 | $12.29 | +8.65% | 5.47% | $109.87 |
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
