Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.08%.
YIELD ON COST (YOC)
1.08%
DOV now pays $2.09 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(2016-08-30) | $59.25 | 3.53% |
| 5 years ago(2021-09-08) | $174.85 | 1.20% |
| 3 years ago(2023-08-29) | $146.59 | 1.43% |
| 1 year ago(2025-09-03) | $174.73 | 1.20% |
| Buying today(at $194.71) | $194.71 | 1.08% |
Projection: starting from today's 1.08% yield, assuming the dividend keeps compounding at 0.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.08%
In 3 years
1.11%
In 5 years
1.14%
In 10 years
1.19%
Try your own purchase price, dividend and growth rate for Dover Corporation (DOV).
Starting Yield
1.07%
Ending YOC
1.25%
Year 15 Dividend
$2.43
Cum. Dividends Recd.
$33.98
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.09 | N/A | 1.07% | $0.00 |
| Year 1 | $2.11 | +1.00% | 1.08% | $2.11 |
| Year 2 | $2.13 | +1.00% | 1.09% | $4.24 |
| Year 3 | $2.15 | +1.00% | 1.11% | $6.40 |
| Year 4 | $2.17 | +1.00% | 1.12% | $8.57 |
| Year 5 | $2.20 | +1.00% | 1.13% | $10.77 |
| Year 6 | $2.22 | +1.00% | 1.14% | $12.99 |
| Year 7 | $2.24 | +1.00% | 1.15% | $15.23 |
| Year 8 | $2.26 | +1.00% | 1.16% | $17.49 |
| Year 9 | $2.29 | +1.00% | 1.17% | $19.78 |
| Year 10 | $2.31 | +1.00% | 1.19% | $22.08 |
| Year 11 | $2.33 | +1.00% | 1.20% | $24.42 |
| Year 12 | $2.36 | +1.00% | 1.21% | $26.77 |
| Year 13 | $2.38 | +1.00% | 1.22% | $29.15 |
| Year 14 | $2.40 | +1.00% | 1.23% | $31.55 |
| Year 15 | $2.43 | +1.00% | 1.25% | $33.98 |
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
