Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.96%.
YIELD ON COST (YOC)
2.96%
KDP now pays $0.92 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(2016-08-01) | $15.78 | 5.83% |
| 5 years ago(2021-08-03) | $34.82 | 2.64% |
| 3 years ago(2023-07-31) | $34.01 | 2.71% |
| 1 year ago(2025-07-29) | $33.85 | 2.72% |
| Buying today(at $31.12) | $31.12 | 2.96% |
Projection: starting from today's 2.96% yield, assuming the dividend keeps compounding at its historical 8.9% rate. Boards set dividends each year, so actual figures will differ.
Today
2.96%
In 3 years
4.03%
In 5 years
4.95%
In 10 years
8.30%
Try your own purchase price, dividend and growth rate for Keurig Dr Pepper Inc. (KDP).
Starting Yield
2.96%
Ending YOC
10.66%
Year 15 Dividend
$3.32
Cum. Dividends Recd.
$29.26
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.92 | N/A | 2.96% | $0.00 |
| Year 1 | $1.00 | +8.93% | 3.22% | $1.00 |
| Year 2 | $1.09 | +8.93% | 3.51% | $2.09 |
| Year 3 | $1.19 | +8.93% | 3.82% | $3.28 |
| Year 4 | $1.30 | +8.93% | 4.16% | $4.58 |
| Year 5 | $1.41 | +8.93% | 4.53% | $5.99 |
| Year 6 | $1.54 | +8.93% | 4.94% | $7.53 |
| Year 7 | $1.67 | +8.93% | 5.38% | $9.20 |
| Year 8 | $1.82 | +8.93% | 5.86% | $11.02 |
| Year 9 | $1.99 | +8.93% | 6.38% | $13.01 |
| Year 10 | $2.16 | +8.93% | 6.95% | $15.17 |
| Year 11 | $2.36 | +8.93% | 7.57% | $17.53 |
| Year 12 | $2.57 | +8.93% | 8.25% | $20.10 |
| Year 13 | $2.80 | +8.93% | 8.99% | $22.90 |
| Year 14 | $3.05 | +8.93% | 9.79% | $25.94 |
| Year 15 | $3.32 | +8.93% | 10.66% | $29.26 |
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