Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 7.92%.
YIELD ON COST (YOC)
7.92%
MBINN now pays $1.50 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(2021-10-04) | $26.11 | 5.74% |
| 3 years ago(2023-10-05) | $16.72 | 8.97% |
| 1 year ago(2025-10-03) | $21.34 | 7.03% |
| Buying today(at $18.95) | $18.95 | 7.92% |
Projection: starting from today's 7.92% yield, assuming the dividend keeps compounding at 0.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
7.92%
In 3 years
7.92%
In 5 years
7.92%
In 10 years
7.92%
Try your own purchase price, dividend and growth rate for Merchants Bancorp (MBINN).
Starting Yield
7.92%
Ending YOC
55.62%
Year 15 Dividend
$10.54
Cum. Dividends Recd.
$74.16
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.50 | N/A | 7.92% | $0.00 |
| Year 1 | $1.71 | +13.88% | 9.01% | $1.71 |
| Year 2 | $1.95 | +13.88% | 10.27% | $3.65 |
| Year 3 | $2.22 | +13.88% | 11.69% | $5.87 |
| Year 4 | $2.52 | +13.88% | 13.31% | $8.39 |
| Year 5 | $2.87 | +13.88% | 15.16% | $11.26 |
| Year 6 | $3.27 | +13.88% | 17.27% | $14.54 |
| Year 7 | $3.73 | +13.88% | 19.66% | $18.26 |
| Year 8 | $4.24 | +13.88% | 22.39% | $22.51 |
| Year 9 | $4.83 | +13.88% | 25.50% | $27.34 |
| Year 10 | $5.50 | +13.88% | 29.04% | $32.84 |
| Year 11 | $6.27 | +13.88% | 33.07% | $39.11 |
| Year 12 | $7.14 | +13.88% | 37.66% | $46.24 |
| Year 13 | $8.13 | +13.88% | 42.88% | $54.37 |
| Year 14 | $9.25 | +13.88% | 48.84% | $63.62 |
| Year 15 | $10.54 | +13.88% | 55.62% | $74.16 |
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
