Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.79%.
YIELD ON COST (YOC)
1.79%
AAP now pays $1.00 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(2016-07-27) | $164.73 | 0.61% |
| 5 years ago(2021-07-20) | $210.23 | 0.48% |
| 3 years ago(2023-07-21) | $70.73 | 1.41% |
| 1 year ago(2025-07-25) | $58.68 | 1.70% |
| Buying today(at $55.80) | $55.80 | 1.79% |
Projection: starting from today's 1.79% yield, assuming the dividend keeps compounding at its historical 12.3% rate. Boards set dividends each year, so actual figures will differ.
Today
1.79%
In 3 years
0.72%
In 5 years
0.39%
In 10 years
0.08%
Try your own purchase price, dividend and growth rate for Advance Auto Parts, Inc. (AAP).
Starting Yield
1.79%
Ending YOC
10.21%
Year 15 Dividend
$5.70
Cum. Dividends Recd.
$42.89
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.00 | N/A | 1.79% | $0.00 |
| Year 1 | $1.12 | +12.30% | 2.01% | $1.12 |
| Year 2 | $1.26 | +12.30% | 2.26% | $2.38 |
| Year 3 | $1.42 | +12.30% | 2.54% | $3.80 |
| Year 4 | $1.59 | +12.30% | 2.85% | $5.39 |
| Year 5 | $1.79 | +12.30% | 3.20% | $7.18 |
| Year 6 | $2.01 | +12.30% | 3.59% | $9.18 |
| Year 7 | $2.25 | +12.30% | 4.04% | $11.44 |
| Year 8 | $2.53 | +12.30% | 4.53% | $13.96 |
| Year 9 | $2.84 | +12.30% | 5.09% | $16.81 |
| Year 10 | $3.19 | +12.30% | 5.72% | $20.00 |
| Year 11 | $3.58 | +12.30% | 6.42% | $23.58 |
| Year 12 | $4.02 | +12.30% | 7.21% | $27.60 |
| Year 13 | $4.52 | +12.30% | 8.10% | $32.12 |
| Year 14 | $5.07 | +12.30% | 9.09% | $37.19 |
| Year 15 | $5.70 | +12.30% | 10.21% | $42.89 |
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
