Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.05%.
YIELD ON COST (YOC)
3.05%
XLU now pays $1.21 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(2016-10-03) | $24.15 | 5.01% |
| 5 years ago(2021-10-05) | $32.30 | 3.75% |
| 3 years ago(2023-09-27) | $30.07 | 4.02% |
| 1 year ago(2025-10-01) | $44.03 | 2.75% |
| Buying today(at $39.83) | $39.83 | 3.05% |
Projection: starting from today's 3.05% yield, assuming the dividend keeps compounding at 3.7% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.05%
In 3 years
3.40%
In 5 years
3.66%
In 10 years
4.39%
Try your own purchase price, dividend and growth rate for State Street Utilities Select Sector SPDR ETF (XLU).
Starting Yield
3.04%
Ending YOC
4.92%
Year 15 Dividend
$1.96
Cum. Dividends Recd.
$23.71
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.21 | N/A | 3.04% | $0.00 |
| Year 1 | $1.25 | +3.27% | 3.14% | $1.25 |
| Year 2 | $1.29 | +3.27% | 3.24% | $2.54 |
| Year 3 | $1.33 | +3.27% | 3.35% | $3.87 |
| Year 4 | $1.38 | +3.27% | 3.46% | $5.25 |
| Year 5 | $1.42 | +3.27% | 3.57% | $6.67 |
| Year 6 | $1.47 | +3.27% | 3.68% | $8.14 |
| Year 7 | $1.52 | +3.27% | 3.81% | $9.65 |
| Year 8 | $1.57 | +3.27% | 3.93% | $11.22 |
| Year 9 | $1.62 | +3.27% | 4.06% | $12.84 |
| Year 10 | $1.67 | +3.27% | 4.19% | $14.50 |
| Year 11 | $1.72 | +3.27% | 4.33% | $16.23 |
| Year 12 | $1.78 | +3.27% | 4.47% | $18.01 |
| Year 13 | $1.84 | +3.27% | 4.62% | $19.85 |
| Year 14 | $1.90 | +3.27% | 4.77% | $21.75 |
| Year 15 | $1.96 | +3.27% | 4.92% | $23.71 |
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
