Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 5.07%.
YIELD ON COST (YOC)
5.07%
AVA now pays $1.97 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(2016-08-02) | $43.18 | 4.56% |
| 5 years ago(2021-08-10) | $42.14 | 4.67% |
| 3 years ago(2023-08-11) | $36.33 | 5.42% |
| 1 year ago(2025-08-05) | $38.25 | 5.15% |
| Buying today(at $38.73) | $38.73 | 5.07% |
Projection: starting from today's 5.07% yield, assuming the dividend keeps compounding at its historical 3.9% rate. Boards set dividends each year, so actual figures will differ.
Today
5.07%
In 3 years
5.88%
In 5 years
6.49%
In 10 years
8.29%
Try your own purchase price, dividend and growth rate for Avista Corporation (AVA).
Starting Yield
5.09%
Ending YOC
9.00%
Year 15 Dividend
$3.49
Cum. Dividends Recd.
$40.61
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.97 | N/A | 5.09% | $0.00 |
| Year 1 | $2.05 | +3.88% | 5.28% | $2.05 |
| Year 2 | $2.13 | +3.88% | 5.49% | $4.17 |
| Year 3 | $2.21 | +3.88% | 5.70% | $6.38 |
| Year 4 | $2.29 | +3.88% | 5.92% | $8.67 |
| Year 5 | $2.38 | +3.88% | 6.15% | $11.06 |
| Year 6 | $2.48 | +3.88% | 6.39% | $13.53 |
| Year 7 | $2.57 | +3.88% | 6.64% | $16.10 |
| Year 8 | $2.67 | +3.88% | 6.90% | $18.78 |
| Year 9 | $2.77 | +3.88% | 7.16% | $21.55 |
| Year 10 | $2.88 | +3.88% | 7.44% | $24.43 |
| Year 11 | $2.99 | +3.88% | 7.73% | $27.43 |
| Year 12 | $3.11 | +3.88% | 8.03% | $30.54 |
| Year 13 | $3.23 | +3.88% | 8.34% | $33.77 |
| Year 14 | $3.36 | +3.88% | 8.67% | $37.13 |
| Year 15 | $3.49 | +3.88% | 9.00% | $40.61 |
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
