Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.54%.
YIELD ON COST (YOC)
1.54%
FBNC now pays $0.95 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(2016-10-04) | $19.65 | 4.83% |
| 5 years ago(2021-09-30) | $43.01 | 2.21% |
| 3 years ago(2023-10-03) | $27.63 | 3.44% |
| 1 year ago(2025-10-07) | $51.33 | 1.85% |
| Buying today(at $60.19) | $60.19 | 1.54% |
Projection: starting from today's 1.54% yield, assuming the dividend keeps compounding at 3.1% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.54%
In 3 years
1.69%
In 5 years
1.81%
In 10 years
2.12%
Try your own purchase price, dividend and growth rate for First Bancorp (FBNC).
Starting Yield
1.58%
Ending YOC
3.19%
Year 15 Dividend
$1.92
Cum. Dividends Recd.
$21.16
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.95 | N/A | 1.58% | $0.00 |
| Year 1 | $1.00 | +4.80% | 1.65% | $1.00 |
| Year 2 | $1.04 | +4.80% | 1.73% | $2.04 |
| Year 3 | $1.09 | +4.80% | 1.82% | $3.13 |
| Year 4 | $1.15 | +4.80% | 1.90% | $4.28 |
| Year 5 | $1.20 | +4.80% | 2.00% | $5.48 |
| Year 6 | $1.26 | +4.80% | 2.09% | $6.74 |
| Year 7 | $1.32 | +4.80% | 2.19% | $8.06 |
| Year 8 | $1.38 | +4.80% | 2.30% | $9.44 |
| Year 9 | $1.45 | +4.80% | 2.41% | $10.89 |
| Year 10 | $1.52 | +4.80% | 2.52% | $12.41 |
| Year 11 | $1.59 | +4.80% | 2.64% | $14.00 |
| Year 12 | $1.67 | +4.80% | 2.77% | $15.66 |
| Year 13 | $1.75 | +4.80% | 2.90% | $17.41 |
| Year 14 | $1.83 | +4.80% | 3.04% | $19.24 |
| Year 15 | $1.92 | +4.80% | 3.19% | $21.16 |
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
