Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.36%.
YIELD ON COST (YOC)
1.36%
BNY now pays $2.22 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(2016-08-09) | $40.28 | 5.51% |
| 5 years ago(2021-08-17) | $53.80 | 4.13% |
| 3 years ago(2023-08-08) | $45.72 | 4.86% |
| 1 year ago(2025-08-12) | $103.61 | 2.14% |
| Buying today(at $161.75) | $161.75 | 1.36% |
Projection: starting from today's 1.36% yield, assuming the dividend keeps compounding at its historical 10.0% rate. Boards set dividends each year, so actual figures will differ.
Today
1.36%
In 3 years
2.10%
In 5 years
2.79%
In 10 years
5.73%
Try your own purchase price, dividend and growth rate for Bank of New York Mellon Corp (BNY).
Starting Yield
1.37%
Ending YOC
5.76%
Year 15 Dividend
$9.31
Cum. Dividends Recd.
$77.79
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.22 | N/A | 1.37% | $0.00 |
| Year 1 | $2.44 | +10.03% | 1.51% | $2.44 |
| Year 2 | $2.69 | +10.03% | 1.66% | $5.13 |
| Year 3 | $2.96 | +10.03% | 1.83% | $8.09 |
| Year 4 | $3.25 | +10.03% | 2.01% | $11.34 |
| Year 5 | $3.58 | +10.03% | 2.21% | $14.92 |
| Year 6 | $3.94 | +10.03% | 2.44% | $18.86 |
| Year 7 | $4.33 | +10.03% | 2.68% | $23.20 |
| Year 8 | $4.77 | +10.03% | 2.95% | $27.96 |
| Year 9 | $5.25 | +10.03% | 3.24% | $33.21 |
| Year 10 | $5.77 | +10.03% | 3.57% | $38.99 |
| Year 11 | $6.35 | +10.03% | 3.93% | $45.34 |
| Year 12 | $6.99 | +10.03% | 4.32% | $52.33 |
| Year 13 | $7.69 | +10.03% | 4.76% | $60.02 |
| Year 14 | $8.46 | +10.03% | 5.23% | $68.48 |
| Year 15 | $9.31 | +10.03% | 5.76% | $77.79 |
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
