Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.49%.
YIELD ON COST (YOC)
2.49%
AMGN now pays $9.80 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(2016-09-12) | $172.04 | 5.70% |
| 5 years ago(2021-09-08) | $220.87 | 4.44% |
| 3 years ago(2023-09-11) | $261.72 | 3.74% |
| 1 year ago(2025-09-03) | $283.85 | 3.45% |
| Buying today(at $393.17) | $393.17 | 2.49% |
Projection: starting from today's 2.49% yield, assuming the dividend keeps compounding at 7.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.49%
In 3 years
3.13%
In 5 years
3.63%
In 10 years
5.30%
Try your own purchase price, dividend and growth rate for Amgen Inc. (AMGN).
Starting Yield
2.49%
Ending YOC
8.21%
Year 15 Dividend
$32.27
Cum. Dividends Recd.
$294.22
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $9.80 | N/A | 2.49% | $0.00 |
| Year 1 | $10.61 | +8.27% | 2.70% | $10.61 |
| Year 2 | $11.49 | +8.27% | 2.92% | $22.10 |
| Year 3 | $12.44 | +8.27% | 3.16% | $34.54 |
| Year 4 | $13.47 | +8.27% | 3.43% | $48.00 |
| Year 5 | $14.58 | +8.27% | 3.71% | $62.58 |
| Year 6 | $15.79 | +8.27% | 4.02% | $78.37 |
| Year 7 | $17.09 | +8.27% | 4.35% | $95.46 |
| Year 8 | $18.51 | +8.27% | 4.71% | $113.97 |
| Year 9 | $20.04 | +8.27% | 5.10% | $134.00 |
| Year 10 | $21.69 | +8.27% | 5.52% | $155.69 |
| Year 11 | $23.49 | +8.27% | 5.97% | $179.18 |
| Year 12 | $25.43 | +8.27% | 6.47% | $204.61 |
| Year 13 | $27.53 | +8.27% | 7.00% | $232.14 |
| Year 14 | $29.81 | +8.27% | 7.58% | $261.95 |
| Year 15 | $32.27 | +8.27% | 8.21% | $294.22 |
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
