Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.07%.
YIELD ON COST (YOC)
2.07%
FANG now pays $4.25 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(2016-09-13) | $90.90 | 4.68% |
| 5 years ago(2021-09-09) | $75.66 | 5.62% |
| 3 years ago(2023-09-12) | $156.31 | 2.72% |
| 1 year ago(2025-09-10) | $139.64 | 3.04% |
| Buying today(at $186.67) | $186.67 | 2.07% |
Projection: starting from today's 2.07% yield, assuming the dividend keeps compounding at 23.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.07%
In 3 years
3.85%
In 5 years
5.83%
In 10 years
16.38%
Try your own purchase price, dividend and growth rate for Diamondback Energy, Inc. (FANG).
Starting Yield
2.28%
Ending YOC
43.21%
Year 15 Dividend
$80.66
Cum. Dividends Recd.
$428.87
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.25 | N/A | 2.28% | $0.00 |
| Year 1 | $5.17 | +21.68% | 2.77% | $5.17 |
| Year 2 | $6.29 | +21.68% | 3.37% | $11.46 |
| Year 3 | $7.66 | +21.68% | 4.10% | $19.12 |
| Year 4 | $9.32 | +21.68% | 4.99% | $28.44 |
| Year 5 | $11.34 | +21.68% | 6.07% | $39.77 |
| Year 6 | $13.79 | +21.68% | 7.39% | $53.57 |
| Year 7 | $16.79 | +21.68% | 8.99% | $70.35 |
| Year 8 | $20.42 | +21.68% | 10.94% | $90.78 |
| Year 9 | $24.85 | +21.68% | 13.31% | $115.63 |
| Year 10 | $30.24 | +21.68% | 16.20% | $145.87 |
| Year 11 | $36.80 | +21.68% | 19.71% | $182.67 |
| Year 12 | $44.77 | +21.68% | 23.99% | $227.44 |
| Year 13 | $54.48 | +21.68% | 29.19% | $281.92 |
| Year 14 | $66.29 | +21.68% | 35.51% | $348.21 |
| Year 15 | $80.66 | +21.68% | 43.21% | $428.87 |
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