Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.89%.
YIELD ON COST (YOC)
0.89%
INBK now pays $0.24 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(2016-10-05) | $23.51 | 1.02% |
| 5 years ago(2021-10-07) | $31.11 | 0.77% |
| 3 years ago(2023-10-02) | $16.18 | 1.48% |
| 1 year ago(2025-10-06) | $22.31 | 1.08% |
| Buying today(at $26.73) | $26.73 | 0.89% |
Projection: starting from today's 0.89% yield, assuming the dividend keeps compounding at 0.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
0.89%
In 3 years
0.89%
In 5 years
0.89%
In 10 years
0.89%
Try your own purchase price, dividend and growth rate for First Internet Bancorp (INBK).
Starting Yield
0.90%
Ending YOC
2.31%
Year 15 Dividend
$0.62
Cum. Dividends Recd.
$6.18
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.24 | N/A | 0.90% | $0.00 |
| Year 1 | $0.26 | +6.50% | 0.96% | $0.26 |
| Year 2 | $0.27 | +6.50% | 1.02% | $0.53 |
| Year 3 | $0.29 | +6.50% | 1.08% | $0.82 |
| Year 4 | $0.31 | +6.50% | 1.16% | $1.13 |
| Year 5 | $0.33 | +6.50% | 1.23% | $1.46 |
| Year 6 | $0.35 | +6.50% | 1.31% | $1.81 |
| Year 7 | $0.37 | +6.50% | 1.40% | $2.18 |
| Year 8 | $0.40 | +6.50% | 1.49% | $2.58 |
| Year 9 | $0.42 | +6.50% | 1.58% | $3.00 |
| Year 10 | $0.45 | +6.50% | 1.69% | $3.45 |
| Year 11 | $0.48 | +6.50% | 1.79% | $3.93 |
| Year 12 | $0.51 | +6.50% | 1.91% | $4.44 |
| Year 13 | $0.54 | +6.50% | 2.04% | $4.98 |
| Year 14 | $0.58 | +6.50% | 2.17% | $5.56 |
| Year 15 | $0.62 | +6.50% | 2.31% | $6.18 |
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
