Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.07%.
YIELD ON COST (YOC)
4.07%
BX now pays $5.23 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(2016-09-08) | $26.79 | 19.52% |
| 5 years ago(2021-09-10) | $128.74 | 4.06% |
| 3 years ago(2023-09-14) | $112.71 | 4.64% |
| 1 year ago(2025-09-12) | $181.35 | 2.88% |
| Buying today(at $124.96) | $124.96 | 4.07% |
Projection: starting from today's 4.07% yield, assuming the dividend keeps compounding at 7.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.07%
In 3 years
4.99%
In 5 years
5.72%
In 10 years
8.05%
Try your own purchase price, dividend and growth rate for Blackstone Inc. (BX).
Starting Yield
4.19%
Ending YOC
61.95%
Year 15 Dividend
$77.42
Cum. Dividends Recd.
$438.98
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $5.23 | N/A | 4.19% | $0.00 |
| Year 1 | $6.26 | +19.68% | 5.01% | $6.26 |
| Year 2 | $7.49 | +19.68% | 5.99% | $13.75 |
| Year 3 | $8.97 | +19.68% | 7.17% | $22.72 |
| Year 4 | $10.73 | +19.68% | 8.59% | $33.45 |
| Year 5 | $12.84 | +19.68% | 10.28% | $46.29 |
| Year 6 | $15.37 | +19.68% | 12.30% | $61.66 |
| Year 7 | $18.39 | +19.68% | 14.72% | $80.05 |
| Year 8 | $22.01 | +19.68% | 17.62% | $102.06 |
| Year 9 | $26.34 | +19.68% | 21.08% | $128.41 |
| Year 10 | $31.53 | +19.68% | 25.23% | $159.94 |
| Year 11 | $37.73 | +19.68% | 30.20% | $197.67 |
| Year 12 | $45.16 | +19.68% | 36.14% | $242.83 |
| Year 13 | $54.05 | +19.68% | 43.25% | $296.88 |
| Year 14 | $64.69 | +19.68% | 51.76% | $361.56 |
| Year 15 | $77.42 | +19.68% | 61.95% | $438.98 |
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
