Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.56%.
YIELD ON COST (YOC)
2.56%
FFIN now pays $0.82 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) | $18.18 | 4.51% |
| 5 years ago(2021-09-30) | $45.95 | 1.78% |
| 3 years ago(2023-10-03) | $24.20 | 3.39% |
| 1 year ago(2025-10-07) | $33.37 | 2.46% |
| Buying today(at $31.93) | $31.93 | 2.56% |
Projection: starting from today's 2.56% yield, assuming the dividend keeps compounding at 6.4% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.56%
In 3 years
3.08%
In 5 years
3.49%
In 10 years
4.76%
Try your own purchase price, dividend and growth rate for First Financial Bankshares, Inc. (FFIN).
Starting Yield
2.57%
Ending YOC
8.07%
Year 15 Dividend
$2.58
Cum. Dividends Recd.
$23.90
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.82 | N/A | 2.57% | $0.00 |
| Year 1 | $0.89 | +7.93% | 2.77% | $0.89 |
| Year 2 | $0.96 | +7.93% | 2.99% | $1.84 |
| Year 3 | $1.03 | +7.93% | 3.23% | $2.87 |
| Year 4 | $1.11 | +7.93% | 3.48% | $3.98 |
| Year 5 | $1.20 | +7.93% | 3.76% | $5.18 |
| Year 6 | $1.30 | +7.93% | 4.06% | $6.48 |
| Year 7 | $1.40 | +7.93% | 4.38% | $7.88 |
| Year 8 | $1.51 | +7.93% | 4.73% | $9.39 |
| Year 9 | $1.63 | +7.93% | 5.10% | $11.02 |
| Year 10 | $1.76 | +7.93% | 5.51% | $12.78 |
| Year 11 | $1.90 | +7.93% | 5.94% | $14.68 |
| Year 12 | $2.05 | +7.93% | 6.42% | $16.73 |
| Year 13 | $2.21 | +7.93% | 6.92% | $18.94 |
| Year 14 | $2.39 | +7.93% | 7.47% | $21.32 |
| Year 15 | $2.58 | +7.93% | 8.07% | $23.90 |
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
