Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.22%.
YIELD ON COST (YOC)
0.22%
HWM now pays $0.50 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(2016-09-08) | $21.97 | 2.28% |
| 5 years ago(2021-09-16) | $31.44 | 1.59% |
| 3 years ago(2023-09-07) | $48.20 | 1.04% |
| 1 year ago(2025-09-11) | $184.21 | 0.27% |
| Buying today(at $229.67) | $229.67 | 0.22% |
Projection: starting from today's 0.22% yield, assuming the dividend keeps compounding at 81.7% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
0.22%
In 3 years
1.32%
In 5 years
4.36%
In 10 years
87.39%
Try your own purchase price, dividend and growth rate for Howmet Aerospace Inc. (HWM).
Starting Yield
0.22%
Ending YOC
2321.85%
Year 15 Dividend
$5332.58
Cum. Dividends Recd.
$11562.61
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.50 | N/A | 0.22% | $0.00 |
| Year 1 | $0.93 | +85.58% | 0.40% | $0.93 |
| Year 2 | $1.72 | +85.58% | 0.75% | $2.65 |
| Year 3 | $3.20 | +85.58% | 1.39% | $5.85 |
| Year 4 | $5.93 | +85.58% | 2.58% | $11.78 |
| Year 5 | $11.01 | +85.58% | 4.79% | $22.78 |
| Year 6 | $20.42 | +85.58% | 8.89% | $43.21 |
| Year 7 | $37.90 | +85.58% | 16.50% | $81.11 |
| Year 8 | $70.34 | +85.58% | 30.63% | $151.45 |
| Year 9 | $130.54 | +85.58% | 56.84% | $282.00 |
| Year 10 | $242.26 | +85.58% | 105.48% | $524.26 |
| Year 11 | $449.59 | +85.58% | 195.75% | $973.84 |
| Year 12 | $834.34 | +85.58% | 363.28% | $1808.18 |
| Year 13 | $1548.37 | +85.58% | 674.17% | $3356.56 |
| Year 14 | $2873.47 | +85.58% | 1251.13% | $6230.02 |
| Year 15 | $5332.58 | +85.58% | 2321.85% | $11562.61 |
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
