Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.70%.
YIELD ON COST (YOC)
3.70%
HDB now pays $0.83 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(2016-09-29) | $17.81 | 4.66% |
| 5 years ago(2021-10-01) | $36.85 | 2.25% |
| 3 years ago(2023-10-04) | $29.63 | 2.80% |
| 1 year ago(2025-09-29) | $34.14 | 2.43% |
| Buying today(at $22.34) | $22.34 | 3.70% |
Projection: starting from today's 3.70% yield, assuming the dividend keeps compounding at 0.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.70%
In 3 years
3.76%
In 5 years
3.79%
In 10 years
3.88%
Try your own purchase price, dividend and growth rate for HDFC Bank Limited (HDB).
Starting Yield
3.72%
Ending YOC
936.74%
Year 15 Dividend
$209.27
Cum. Dividends Recd.
$676.00
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.83 | N/A | 3.72% | $0.00 |
| Year 1 | $1.20 | +44.58% | 5.37% | $1.20 |
| Year 2 | $1.73 | +44.58% | 7.77% | $2.93 |
| Year 3 | $2.51 | +44.58% | 11.23% | $5.44 |
| Year 4 | $3.63 | +44.58% | 16.23% | $9.07 |
| Year 5 | $5.24 | +44.58% | 23.47% | $14.31 |
| Year 6 | $7.58 | +44.58% | 33.93% | $21.89 |
| Year 7 | $10.96 | +44.58% | 49.06% | $32.86 |
| Year 8 | $15.85 | +44.58% | 70.94% | $48.70 |
| Year 9 | $22.91 | +44.58% | 102.56% | $71.61 |
| Year 10 | $33.13 | +44.58% | 148.28% | $104.74 |
| Year 11 | $47.89 | +44.58% | 214.38% | $152.63 |
| Year 12 | $69.24 | +44.58% | 309.95% | $221.87 |
| Year 13 | $100.11 | +44.58% | 448.13% | $321.99 |
| Year 14 | $144.74 | +44.58% | 647.90% | $466.73 |
| Year 15 | $209.27 | +44.58% | 936.74% | $676.00 |
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
