Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.89%.
YIELD ON COST (YOC)
2.89%
WMB now pays $2.05 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(2016-07-26) | $23.56 | 8.70% |
| 5 years ago(2021-08-03) | $25.12 | 8.16% |
| 3 years ago(2023-07-25) | $33.98 | 6.03% |
| 1 year ago(2025-07-29) | $58.89 | 3.48% |
| Buying today(at $71.54) | $71.54 | 2.89% |
Projection: starting from today's 2.89% yield, assuming the dividend keeps compounding at its historical 4.6% rate. Boards set dividends each year, so actual figures will differ.
Today
2.89%
In 3 years
3.53%
In 5 years
4.02%
In 10 years
5.60%
Try your own purchase price, dividend and growth rate for The Williams Companies, Inc. (WMB).
Starting Yield
2.87%
Ending YOC
5.59%
Year 15 Dividend
$4.00
Cum. Dividends Recd.
$44.75
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.05 | N/A | 2.87% | $0.00 |
| Year 1 | $2.14 | +4.56% | 3.00% | $2.14 |
| Year 2 | $2.24 | +4.56% | 3.13% | $4.38 |
| Year 3 | $2.34 | +4.56% | 3.28% | $6.73 |
| Year 4 | $2.45 | +4.56% | 3.43% | $9.18 |
| Year 5 | $2.56 | +4.56% | 3.58% | $11.74 |
| Year 6 | $2.68 | +4.56% | 3.74% | $14.42 |
| Year 7 | $2.80 | +4.56% | 3.92% | $17.22 |
| Year 8 | $2.93 | +4.56% | 4.09% | $20.15 |
| Year 9 | $3.06 | +4.56% | 4.28% | $23.21 |
| Year 10 | $3.20 | +4.56% | 4.48% | $26.41 |
| Year 11 | $3.35 | +4.56% | 4.68% | $29.76 |
| Year 12 | $3.50 | +4.56% | 4.89% | $33.26 |
| Year 13 | $3.66 | +4.56% | 5.12% | $36.92 |
| Year 14 | $3.83 | +4.56% | 5.35% | $40.75 |
| Year 15 | $4.00 | +4.56% | 5.59% | $44.75 |
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
