Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.38%.
YIELD ON COST (YOC)
2.38%
CL now pays $2.10 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) | $72.78 | 2.89% |
| 5 years ago(2021-09-08) | $77.78 | 2.70% |
| 3 years ago(2023-09-11) | $73.95 | 2.84% |
| 1 year ago(2025-09-03) | $83.81 | 2.51% |
| Buying today(at $88.41) | $88.41 | 2.38% |
Projection: starting from today's 2.38% yield, assuming the dividend keeps compounding at 3.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.38%
In 3 years
2.64%
In 5 years
2.83%
In 10 years
3.37%
Try your own purchase price, dividend and growth rate for Colgate-Palmolive Company (CL).
Starting Yield
2.38%
Ending YOC
3.88%
Year 15 Dividend
$3.43
Cum. Dividends Recd.
$41.31
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.10 | N/A | 2.38% | $0.00 |
| Year 1 | $2.17 | +3.32% | 2.45% | $2.17 |
| Year 2 | $2.24 | +3.32% | 2.54% | $4.41 |
| Year 3 | $2.32 | +3.32% | 2.62% | $6.73 |
| Year 4 | $2.39 | +3.32% | 2.71% | $9.12 |
| Year 5 | $2.47 | +3.32% | 2.80% | $11.59 |
| Year 6 | $2.55 | +3.32% | 2.89% | $14.15 |
| Year 7 | $2.64 | +3.32% | 2.99% | $16.79 |
| Year 8 | $2.73 | +3.32% | 3.08% | $19.51 |
| Year 9 | $2.82 | +3.32% | 3.19% | $22.33 |
| Year 10 | $2.91 | +3.32% | 3.29% | $25.24 |
| Year 11 | $3.01 | +3.32% | 3.40% | $28.25 |
| Year 12 | $3.11 | +3.32% | 3.52% | $31.36 |
| Year 13 | $3.21 | +3.32% | 3.63% | $34.57 |
| Year 14 | $3.32 | +3.32% | 3.75% | $37.89 |
| Year 15 | $3.43 | +3.32% | 3.88% | $41.31 |
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