Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.31%.
YIELD ON COST (YOC)
2.31%
LOW now pays $4.80 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(2016-07-19) | $81.42 | 5.90% |
| 5 years ago(2021-07-27) | $193.51 | 2.48% |
| 3 years ago(2023-07-28) | $235.09 | 2.04% |
| 1 year ago(2025-07-22) | $226.83 | 2.12% |
| Buying today(at $207.64) | $207.64 | 2.31% |
Projection: starting from today's 2.31% yield, assuming the dividend keeps compounding at its historical 15.9% rate. Boards set dividends each year, so actual figures will differ.
Today
2.31%
In 3 years
3.88%
In 5 years
5.48%
In 10 years
12.99%
Try your own purchase price, dividend and growth rate for Lowe's Companies, Inc. (LOW).
Starting Yield
2.31%
Ending YOC
21.09%
Year 15 Dividend
$43.79
Cum. Dividends Recd.
$284.51
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.80 | N/A | 2.31% | $0.00 |
| Year 1 | $5.56 | +15.88% | 2.68% | $5.56 |
| Year 2 | $6.45 | +15.88% | 3.10% | $12.01 |
| Year 3 | $7.47 | +15.88% | 3.60% | $19.48 |
| Year 4 | $8.66 | +15.88% | 4.17% | $28.13 |
| Year 5 | $10.03 | +15.88% | 4.83% | $38.16 |
| Year 6 | $11.62 | +15.88% | 5.60% | $49.78 |
| Year 7 | $13.47 | +15.88% | 6.49% | $63.25 |
| Year 8 | $15.61 | +15.88% | 7.52% | $78.86 |
| Year 9 | $18.08 | +15.88% | 8.71% | $96.94 |
| Year 10 | $20.96 | +15.88% | 10.09% | $117.90 |
| Year 11 | $24.28 | +15.88% | 11.70% | $142.19 |
| Year 12 | $28.14 | +15.88% | 13.55% | $170.33 |
| Year 13 | $32.61 | +15.88% | 15.71% | $202.94 |
| Year 14 | $37.79 | +15.88% | 18.20% | $240.72 |
| Year 15 | $43.79 | +15.88% | 21.09% | $284.51 |
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
