Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.44%.
YIELD ON COST (YOC)
2.44%
LOW now pays $4.85 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) | $76.01 | 6.38% |
| 5 years ago(2021-09-14) | $204.17 | 2.38% |
| 3 years ago(2023-09-05) | $230.43 | 2.10% |
| 1 year ago(2025-09-09) | $269.03 | 1.80% |
| Buying today(at $195.99) | $195.99 | 2.44% |
Projection: starting from today's 2.44% yield, assuming the dividend keeps compounding at 13.8% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.44%
In 3 years
3.60%
In 5 years
4.67%
In 10 years
8.91%
Try your own purchase price, dividend and growth rate for Lowe's Companies, Inc. (LOW).
Starting Yield
2.47%
Ending YOC
22.58%
Year 15 Dividend
$44.25
Cum. Dividends Recd.
$287.48
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.85 | N/A | 2.47% | $0.00 |
| Year 1 | $5.62 | +15.88% | 2.87% | $5.62 |
| Year 2 | $6.51 | +15.88% | 3.32% | $12.13 |
| Year 3 | $7.55 | +15.88% | 3.85% | $19.68 |
| Year 4 | $8.75 | +15.88% | 4.46% | $28.43 |
| Year 5 | $10.13 | +15.88% | 5.17% | $38.56 |
| Year 6 | $11.74 | +15.88% | 5.99% | $50.30 |
| Year 7 | $13.61 | +15.88% | 6.94% | $63.91 |
| Year 8 | $15.77 | +15.88% | 8.05% | $79.68 |
| Year 9 | $18.27 | +15.88% | 9.32% | $97.95 |
| Year 10 | $21.18 | +15.88% | 10.80% | $119.13 |
| Year 11 | $24.54 | +15.88% | 12.52% | $143.67 |
| Year 12 | $28.43 | +15.88% | 14.51% | $172.10 |
| Year 13 | $32.95 | +15.88% | 16.81% | $205.05 |
| Year 14 | $38.18 | +15.88% | 19.48% | $243.23 |
| Year 15 | $44.25 | +15.88% | 22.58% | $287.48 |
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
