Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.81%.
YIELD ON COST (YOC)
1.81%
BAC now pays $1.12 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(2016-07-26) | $14.53 | 7.71% |
| 5 years ago(2021-08-03) | $38.55 | 2.91% |
| 3 years ago(2023-08-04) | $31.30 | 3.58% |
| 1 year ago(2025-07-29) | $47.95 | 2.34% |
| Buying today(at $61.95) | $61.95 | 1.81% |
Projection: starting from today's 1.81% yield, assuming the dividend keeps compounding at its historical 8.4% rate. Boards set dividends each year, so actual figures will differ.
Today
1.81%
In 3 years
2.50%
In 5 years
3.11%
In 10 years
5.35%
Try your own purchase price, dividend and growth rate for Bank of America Corporation (BAC).
Starting Yield
1.81%
Ending YOC
6.10%
Year 15 Dividend
$3.78
Cum. Dividends Recd.
$34.16
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.12 | N/A | 1.81% | $0.00 |
| Year 1 | $1.21 | +8.45% | 1.96% | $1.21 |
| Year 2 | $1.32 | +8.45% | 2.13% | $2.53 |
| Year 3 | $1.43 | +8.45% | 2.31% | $3.96 |
| Year 4 | $1.55 | +8.45% | 2.50% | $5.51 |
| Year 5 | $1.68 | +8.45% | 2.71% | $7.19 |
| Year 6 | $1.82 | +8.45% | 2.94% | $9.01 |
| Year 7 | $1.98 | +8.45% | 3.19% | $10.99 |
| Year 8 | $2.14 | +8.45% | 3.46% | $13.13 |
| Year 9 | $2.32 | +8.45% | 3.75% | $15.46 |
| Year 10 | $2.52 | +8.45% | 4.07% | $17.98 |
| Year 11 | $2.73 | +8.45% | 4.41% | $20.71 |
| Year 12 | $2.96 | +8.45% | 4.79% | $23.67 |
| Year 13 | $3.22 | +8.45% | 5.19% | $26.89 |
| Year 14 | $3.49 | +8.45% | 5.63% | $30.38 |
| Year 15 | $3.78 | +8.45% | 6.10% | $34.16 |
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
