Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.57%.
YIELD ON COST (YOC)
2.57%
LMT now pays $13.80 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(2016-09-06) | $243.00 | 5.68% |
| 5 years ago(2021-09-14) | $344.34 | 4.01% |
| 3 years ago(2023-09-05) | $445.19 | 3.10% |
| 1 year ago(2025-09-09) | $457.06 | 3.02% |
| Buying today(at $527.09) | $527.09 | 2.57% |
Projection: starting from today's 2.57% yield, assuming the dividend keeps compounding at 6.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.57%
In 3 years
3.06%
In 5 years
3.43%
In 10 years
4.58%
Try your own purchase price, dividend and growth rate for Lockheed Martin Corporation (LMT).
Starting Yield
2.62%
Ending YOC
6.62%
Year 15 Dividend
$34.90
Cum. Dividends Recd.
$351.76
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $13.80 | N/A | 2.62% | $0.00 |
| Year 1 | $14.68 | +6.38% | 2.79% | $14.68 |
| Year 2 | $15.62 | +6.38% | 2.96% | $30.30 |
| Year 3 | $16.61 | +6.38% | 3.15% | $46.91 |
| Year 4 | $17.67 | +6.38% | 3.35% | $64.58 |
| Year 5 | $18.80 | +6.38% | 3.57% | $83.39 |
| Year 6 | $20.00 | +6.38% | 3.79% | $103.39 |
| Year 7 | $21.28 | +6.38% | 4.04% | $124.66 |
| Year 8 | $22.63 | +6.38% | 4.29% | $147.30 |
| Year 9 | $24.08 | +6.38% | 4.57% | $171.37 |
| Year 10 | $25.61 | +6.38% | 4.86% | $196.99 |
| Year 11 | $27.25 | +6.38% | 5.17% | $224.24 |
| Year 12 | $28.99 | +6.38% | 5.50% | $253.22 |
| Year 13 | $30.84 | +6.38% | 5.85% | $284.06 |
| Year 14 | $32.80 | +6.38% | 6.22% | $316.86 |
| Year 15 | $34.90 | +6.38% | 6.62% | $351.76 |
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
