Helmerich & Payne, Inc. (HP) Yield on Cost (YOC): 2.54%
The yield on cost (YOC) for Helmerich & Payne, Inc. (HP) is 2.54%.
HP Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
2.54%
Yield on Cost for HP
HP now pays $1.00 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(2016-06-08) | $67.36 | 1.48% |
| 5 years ago(2021-06-04) | $33.49 | 2.99% |
| 3 years ago(2023-06-06) | $32.85 | 3.04% |
| 1 year ago(2025-06-10) | $18.88 | 5.30% |
| Buying today(at $39.37) | $39.37 | 2.54% |
If you buy today and the dividend keeps growing
Projection: starting from today's 2.54% yield, assuming the dividend keeps compounding at its historical -12.2% rate. Boards set dividends each year, so actual figures will differ.
Today
2.54%
In 3 years
2.54%
In 5 years
2.54%
In 10 years
2.54%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Helmerich & Payne, Inc. (HP).
Starting Yield
2.54%
Ending YOC
0.36%
Year 15 Dividend
$0.14
Cum. Dividends Recd.
$6.16
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.00 | — | 2.54% | $0.00 |
| Year 1 | $0.88 | +-12.23% | 2.23% | $0.88 |
| Year 2 | $0.77 | +-12.23% | 1.96% | $1.65 |
| Year 3 | $0.68 | +-12.23% | 1.72% | $2.32 |
| Year 4 | $0.59 | +-12.23% | 1.51% | $2.92 |
| Year 5 | $0.52 | +-12.23% | 1.32% | $3.44 |
| Year 6 | $0.46 | +-12.23% | 1.16% | $3.90 |
| Year 7 | $0.40 | +-12.23% | 1.02% | $4.30 |
| Year 8 | $0.35 | +-12.23% | 0.89% | $4.65 |
| Year 9 | $0.31 | +-12.23% | 0.79% | $4.96 |
| Year 10 | $0.27 | +-12.23% | 0.69% | $5.23 |
| Year 11 | $0.24 | +-12.23% | 0.60% | $5.47 |
| Year 12 | $0.21 | +-12.23% | 0.53% | $5.68 |
| Year 13 | $0.18 | +-12.23% | 0.47% | $5.86 |
| Year 14 | $0.16 | +-12.23% | 0.41% | $6.02 |
| Year 15 | $0.14 | +-12.23% | 0.36% | $6.16 |
Helmerich & Payne, Inc. Yield on Cost (YOC) Formula & Definition
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
Helmerich & Payne, Inc. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Helmerich & Payne, Inc. (HP)?
- The yield on cost (YOC) for HP stock is 2.54%.
About Helmerich & Payne, Inc.
Helmerich & Payne, Inc., along with its affiliated companies, provides specialized drilling services and innovative solutions to businesses involved in the exploration and production of oil and gas. The company's operations are strategically organized into three distinct divisions: North America Solutions, Offshore Gulf of Mexico, and International Solutions. Within the North America Solutions segment, primary drilling activities are conducted across a broad geographical area, encompassing U.S. states such as Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. This division also actively pursues the development, promotion, and commercialization of advanced technologies designed to enhance drilling efficiency, wellbore quality, and accurate placement. The Offshore Gulf of Mexico segment focuses its drilling endeavors in Louisiana and within the federal waters of the U.S. Gulf of Mexico. Internationally, the Solutions segment manages drilling projects in various countries, including Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2021, Helmerich & Payne commanded a substantial fleet, featuring 236 land rigs situated in North America, 30 land rigs operating internationally, and 7 offshore platform rigs. Beyond its core drilling operations, the company also maintains an interest in commercial real estate. Its property portfolio in Tulsa, Oklahoma, comprises a shopping center offering approximately 390,000 square feet of leasable space, alongside about 176 acres of undeveloped land. Helmerich & Payne, Inc. was founded in 1920 and continues to maintain its corporate headquarters in Tulsa, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- CEO
- Raymond John Adams