Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.78%.
YIELD ON COST (YOC)
4.78%
AES now pays $0.70 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(2016-08-05) | $12.23 | 5.72% |
| 5 years ago(2021-08-03) | $23.92 | 2.93% |
| 3 years ago(2023-08-04) | $19.64 | 3.56% |
| 1 year ago(2025-07-29) | $13.43 | 5.21% |
| Buying today(at $14.69) | $14.69 | 4.78% |
Projection: starting from today's 4.78% yield, assuming the dividend keeps compounding at its historical 4.2% rate. Boards set dividends each year, so actual figures will differ.
Today
4.78%
In 3 years
5.59%
In 5 years
6.21%
In 10 years
8.05%
Try your own purchase price, dividend and growth rate for The AES Corporation (AES).
Starting Yield
4.77%
Ending YOC
8.82%
Year 15 Dividend
$1.30
Cum. Dividends Recd.
$14.81
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.70 | N/A | 4.77% | $0.00 |
| Year 1 | $0.73 | +4.19% | 4.97% | $0.73 |
| Year 2 | $0.76 | +4.19% | 5.17% | $1.49 |
| Year 3 | $0.79 | +4.19% | 5.39% | $2.28 |
| Year 4 | $0.82 | +4.19% | 5.62% | $3.11 |
| Year 5 | $0.86 | +4.19% | 5.85% | $3.97 |
| Year 6 | $0.90 | +4.19% | 6.10% | $4.86 |
| Year 7 | $0.93 | +4.19% | 6.35% | $5.79 |
| Year 8 | $0.97 | +4.19% | 6.62% | $6.77 |
| Year 9 | $1.01 | +4.19% | 6.90% | $7.78 |
| Year 10 | $1.06 | +4.19% | 7.19% | $8.83 |
| Year 11 | $1.10 | +4.19% | 7.49% | $9.93 |
| Year 12 | $1.15 | +4.19% | 7.80% | $11.08 |
| Year 13 | $1.19 | +4.19% | 8.13% | $12.27 |
| Year 14 | $1.24 | +4.19% | 8.47% | $13.52 |
| Year 15 | $1.30 | +4.19% | 8.82% | $14.81 |
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
