Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 6.18%.
YIELD ON COST (YOC)
6.18%
GAIN now pays $0.96 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(2016-09-30) | $8.89 | 10.80% |
| 5 years ago(2021-10-04) | $13.94 | 6.89% |
| 3 years ago(2023-10-05) | $12.54 | 7.66% |
| 1 year ago(2025-10-01) | $13.93 | 6.89% |
| Buying today(at $15.44) | $15.44 | 6.18% |
Projection: starting from today's 6.18% yield, assuming the dividend keeps compounding at -1.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
6.18%
In 3 years
5.84%
In 5 years
5.62%
In 10 years
5.12%
Try your own purchase price, dividend and growth rate for Gladstone Investment Corp. (GAIN).
Starting Yield
6.22%
Ending YOC
6.84%
Year 15 Dividend
$1.06
Cum. Dividends Recd.
$15.16
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.96 | N/A | 6.22% | $0.00 |
| Year 1 | $0.97 | +0.64% | 6.26% | $0.97 |
| Year 2 | $0.97 | +0.64% | 6.30% | $1.94 |
| Year 3 | $0.98 | +0.64% | 6.34% | $2.92 |
| Year 4 | $0.98 | +0.64% | 6.38% | $3.90 |
| Year 5 | $0.99 | +0.64% | 6.42% | $4.89 |
| Year 6 | $1.00 | +0.64% | 6.46% | $5.89 |
| Year 7 | $1.00 | +0.64% | 6.50% | $6.89 |
| Year 8 | $1.01 | +0.64% | 6.54% | $7.90 |
| Year 9 | $1.02 | +0.64% | 6.59% | $8.92 |
| Year 10 | $1.02 | +0.64% | 6.63% | $9.94 |
| Year 11 | $1.03 | +0.64% | 6.67% | $10.97 |
| Year 12 | $1.04 | +0.64% | 6.71% | $12.01 |
| Year 13 | $1.04 | +0.64% | 6.76% | $13.05 |
| Year 14 | $1.05 | +0.64% | 6.80% | $14.10 |
| Year 15 | $1.06 | +0.64% | 6.84% | $15.16 |
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
