Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.90%.
YIELD ON COST (YOC)
3.90%
HON now pays $9.40 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(2016-07-26) | $110.39 | 8.52% |
| 5 years ago(2021-08-03) | $232.65 | 4.04% |
| 3 years ago(2023-07-25) | $209.68 | 4.48% |
| 1 year ago(2025-07-29) | $221.72 | 4.24% |
| Buying today(at $239.79) | $239.79 | 3.90% |
Projection: starting from today's 3.90% yield, assuming the dividend keeps compounding at its historical 4.8% rate. Boards set dividends each year, so actual figures will differ.
Today
3.90%
In 3 years
4.74%
In 5 years
5.39%
In 10 years
7.46%
Try your own purchase price, dividend and growth rate for Honeywell International Inc. (HON).
Starting Yield
3.92%
Ending YOC
7.87%
Year 15 Dividend
$18.88
Cum. Dividends Recd.
$208.70
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $9.40 | N/A | 3.92% | $0.00 |
| Year 1 | $9.85 | +4.76% | 4.11% | $9.85 |
| Year 2 | $10.32 | +4.76% | 4.30% | $20.16 |
| Year 3 | $10.81 | +4.76% | 4.51% | $30.97 |
| Year 4 | $11.32 | +4.76% | 4.72% | $42.29 |
| Year 5 | $11.86 | +4.76% | 4.95% | $54.15 |
| Year 6 | $12.43 | +4.76% | 5.18% | $66.58 |
| Year 7 | $13.02 | +4.76% | 5.43% | $79.59 |
| Year 8 | $13.64 | +4.76% | 5.69% | $93.23 |
| Year 9 | $14.29 | +4.76% | 5.96% | $107.52 |
| Year 10 | $14.97 | +4.76% | 6.24% | $122.48 |
| Year 11 | $15.68 | +4.76% | 6.54% | $138.16 |
| Year 12 | $16.42 | +4.76% | 6.85% | $154.58 |
| Year 13 | $17.21 | +4.76% | 7.18% | $171.79 |
| Year 14 | $18.02 | +4.76% | 7.52% | $189.81 |
| Year 15 | $18.88 | +4.76% | 7.87% | $208.70 |
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