Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.32%.
YIELD ON COST (YOC)
4.32%
INVH 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 |
|---|---|---|
| 5 years ago(2021-09-13) | $40.57 | 2.93% |
| 3 years ago(2023-09-11) | $34.07 | 3.49% |
| 1 year ago(2025-09-10) | $30.01 | 3.97% |
| Buying today(at $26.62) | $26.62 | 4.32% |
Projection: starting from today's 4.32% yield, assuming the dividend keeps compounding at 14.3% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.32%
In 3 years
6.45%
In 5 years
8.42%
In 10 years
16.42%
Try your own purchase price, dividend and growth rate for Invitation Homes Inc. (INVH).
Starting Yield
4.47%
Ending YOC
32.33%
Year 15 Dividend
$8.61
Cum. Dividends Recd.
$60.02
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.19 | N/A | 4.47% | $0.00 |
| Year 1 | $1.36 | +14.10% | 5.10% | $1.36 |
| Year 2 | $1.55 | +14.10% | 5.82% | $2.91 |
| Year 3 | $1.77 | +14.10% | 6.64% | $4.67 |
| Year 4 | $2.02 | +14.10% | 7.58% | $6.69 |
| Year 5 | $2.30 | +14.10% | 8.65% | $8.99 |
| Year 6 | $2.63 | +14.10% | 9.86% | $11.62 |
| Year 7 | $3.00 | +14.10% | 11.25% | $14.61 |
| Year 8 | $3.42 | +14.10% | 12.84% | $18.03 |
| Year 9 | $3.90 | +14.10% | 14.65% | $21.93 |
| Year 10 | $4.45 | +14.10% | 16.72% | $26.38 |
| Year 11 | $5.08 | +14.10% | 19.08% | $31.46 |
| Year 12 | $5.79 | +14.10% | 21.77% | $37.26 |
| Year 13 | $6.61 | +14.10% | 24.83% | $43.87 |
| Year 14 | $7.54 | +14.10% | 28.34% | $51.41 |
| Year 15 | $8.61 | +14.10% | 32.33% | $60.02 |
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
