Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.64%.
YIELD ON COST (YOC)
3.64%
HPQ now pays $1.19 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(2016-08-30) | $14.38 | 8.28% |
| 5 years ago(2021-09-08) | $28.19 | 4.22% |
| 3 years ago(2023-08-29) | $31.37 | 3.79% |
| 1 year ago(2025-09-03) | $28.70 | 4.15% |
| Buying today(at $31.17) | $31.17 | 3.64% |
Projection: starting from today's 3.64% yield, assuming the dividend keeps compounding at 8.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.64%
In 3 years
4.70%
In 5 years
5.57%
In 10 years
8.53%
Try your own purchase price, dividend and growth rate for HP Inc. (HPQ).
Starting Yield
3.82%
Ending YOC
16.14%
Year 15 Dividend
$5.03
Cum. Dividends Recd.
$41.92
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.19 | N/A | 3.82% | $0.00 |
| Year 1 | $1.31 | +10.09% | 4.20% | $1.31 |
| Year 2 | $1.44 | +10.09% | 4.63% | $2.75 |
| Year 3 | $1.59 | +10.09% | 5.09% | $4.34 |
| Year 4 | $1.75 | +10.09% | 5.61% | $6.09 |
| Year 5 | $1.92 | +10.09% | 6.17% | $8.01 |
| Year 6 | $2.12 | +10.09% | 6.80% | $10.13 |
| Year 7 | $2.33 | +10.09% | 7.48% | $12.46 |
| Year 8 | $2.57 | +10.09% | 8.24% | $15.03 |
| Year 9 | $2.83 | +10.09% | 9.07% | $17.86 |
| Year 10 | $3.11 | +10.09% | 9.98% | $20.97 |
| Year 11 | $3.43 | +10.09% | 10.99% | $24.40 |
| Year 12 | $3.77 | +10.09% | 12.10% | $28.17 |
| Year 13 | $4.15 | +10.09% | 13.32% | $32.32 |
| Year 14 | $4.57 | +10.09% | 14.66% | $36.89 |
| Year 15 | $5.03 | +10.09% | 16.14% | $41.92 |
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
