Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.38%.
YIELD ON COST (YOC)
0.38%
MCK now pays $3.28 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(2016-07-26) | $196.28 | 1.67% |
| 5 years ago(2021-08-03) | $206.42 | 1.59% |
| 3 years ago(2023-08-04) | $421.77 | 0.78% |
| 1 year ago(2025-07-29) | $712.15 | 0.46% |
| Buying today(at $825.00) | $825.00 | 0.38% |
Projection: starting from today's 0.38% yield, assuming the dividend keeps compounding at its historical 12.3% rate. Boards set dividends each year, so actual figures will differ.
Today
0.38%
In 3 years
0.65%
In 5 years
0.93%
In 10 years
2.27%
Try your own purchase price, dividend and growth rate for McKesson Corporation (MCK).
Starting Yield
0.40%
Ending YOC
2.27%
Year 15 Dividend
$18.74
Cum. Dividends Recd.
$140.93
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.28 | N/A | 0.40% | $0.00 |
| Year 1 | $3.68 | +12.32% | 0.45% | $3.68 |
| Year 2 | $4.14 | +12.32% | 0.50% | $7.82 |
| Year 3 | $4.65 | +12.32% | 0.56% | $12.47 |
| Year 4 | $5.22 | +12.32% | 0.63% | $17.69 |
| Year 5 | $5.86 | +12.32% | 0.71% | $23.55 |
| Year 6 | $6.59 | +12.32% | 0.80% | $30.14 |
| Year 7 | $7.40 | +12.32% | 0.90% | $37.54 |
| Year 8 | $8.31 | +12.32% | 1.01% | $45.85 |
| Year 9 | $9.33 | +12.32% | 1.13% | $55.18 |
| Year 10 | $10.48 | +12.32% | 1.27% | $65.66 |
| Year 11 | $11.77 | +12.32% | 1.43% | $77.43 |
| Year 12 | $13.22 | +12.32% | 1.60% | $90.66 |
| Year 13 | $14.85 | +12.32% | 1.80% | $105.51 |
| Year 14 | $16.68 | +12.32% | 2.02% | $122.19 |
| Year 15 | $18.74 | +12.32% | 2.27% | $140.93 |
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
