Advance Auto Parts, Inc. (AAP) Yield on Cost (YOC): 1.68%
The yield on cost (YOC) for Advance Auto Parts, Inc. (AAP) is 1.68%.
AAP Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
1.68%
Forward Yield on Cost Projections
If you buy AAP today at the current stock price of $59.38 with a yield of 1.68% and dividends continue to grow at the historical rate (5.9% CAGR), your YOC would be:
Current Yield
1.68%
YOC in 3 Years
0.52%
YOC in 5 Years
0.24%
YOC in 10 Years
0.03%
Interactive Yield on Cost Calculator
Project custom investment returns for Advance Auto Parts, Inc. (AAP) based on your custom cost basis.
Starting Yield
1.68%
Ending YOC
3.99%
Year 15 Dividend
$2.37
Cum. Dividends Recd.
$24.50
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.00 | — | 1.68% | $0.00 |
| Year 1 | $1.06 | +5.92% | 1.78% | $1.06 |
| Year 2 | $1.12 | +5.92% | 1.89% | $2.18 |
| Year 3 | $1.19 | +5.92% | 2.00% | $3.37 |
| Year 4 | $1.26 | +5.92% | 2.12% | $4.63 |
| Year 5 | $1.33 | +5.92% | 2.25% | $5.96 |
| Year 6 | $1.41 | +5.92% | 2.38% | $7.37 |
| Year 7 | $1.50 | +5.92% | 2.52% | $8.87 |
| Year 8 | $1.58 | +5.92% | 2.67% | $10.45 |
| Year 9 | $1.68 | +5.92% | 2.83% | $12.13 |
| Year 10 | $1.78 | +5.92% | 2.99% | $13.91 |
| Year 11 | $1.88 | +5.92% | 3.17% | $15.79 |
| Year 12 | $1.99 | +5.92% | 3.36% | $17.79 |
| Year 13 | $2.11 | +5.92% | 3.56% | $19.90 |
| Year 14 | $2.24 | +5.92% | 3.77% | $22.13 |
| Year 15 | $2.37 | +5.92% | 3.99% | $24.50 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
Advance Auto Parts, Inc. Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Advance Auto Parts, Inc. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Advance Auto Parts, Inc. (AAP)?
- The yield on cost (YOC) for AAP stock is 1.68%.
About Advance Auto Parts, Inc.
Advance Auto Parts, Inc. operates as a leading retailer and supplier of a comprehensive array of automotive replacement components, accessories, batteries, and essential maintenance supplies. Its extensive inventory caters to a wide spectrum of vehicles, including domestic and imported passenger cars, vans, sport utility vehicles, and both light and heavy-duty trucks. The company's product offering is broad, encompassing critical mechanical systems such as brakes, engine parts, electrical and ignition components, cooling and heating systems, chassis, clutches, and exhaust systems. Beyond these core parts, it provides a diverse selection of accessories, specialty tools, interior and exterior enhancements, lighting products, performance upgrades, and a variety of chemicals, sealants, and cleaning supplies. Furthermore, Advance Auto Parts stocks all necessary fluids and filters for engine and transmission maintenance, including motor oils, lubricants, fuel additives, and air, fuel, and oil filters. In addition to product sales, the company supports its clientele with various services like battery and wiper installation, diagnostic engine light scanning, electrical system testing, oil and battery recycling, and a convenient loaner tool program. Products are accessible to both professional automotive technicians and do-it-yourself (DIY) enthusiasts through its physical store network and online platform. Advance Auto Parts operates stores under well-known banners such as Advance Auto Parts, Autopart International, and Carquest, along with Worldpac-branded branches. As of April 23, 2022, its expansive operational footprint included 4,687 company-owned stores and 311 branches situated across the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. The company also supplied 1,318 independently owned Carquest-branded stores located in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands. Founded in 1929, Advance Auto Parts, Inc. maintains its corporate headquarters in Raleigh, North Carolina.
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- CEO
- Shane O'Kelly