Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.82%.
YIELD ON COST (YOC)
1.82%
MMM now pays $3.07 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(2016-08-30) | $150.62 | 2.04% |
| 5 years ago(2021-09-08) | $157.09 | 1.95% |
| 3 years ago(2023-08-29) | $88.26 | 3.48% |
| 1 year ago(2025-09-03) | $152.00 | 2.02% |
| Buying today(at $167.52) | $167.52 | 1.82% |
Projection: starting from today's 1.82% yield, assuming the dividend keeps compounding at -12.2% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.82%
In 3 years
1.23%
In 5 years
0.94%
In 10 years
0.49%
Try your own purchase price, dividend and growth rate for 3M Company (MMM).
Starting Yield
1.83%
Ending YOC
0.38%
Year 15 Dividend
$0.64
Cum. Dividends Recd.
$22.09
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.07 | N/A | 1.83% | $0.00 |
| Year 1 | $2.77 | -9.90% | 1.65% | $2.77 |
| Year 2 | $2.49 | -9.90% | 1.49% | $5.26 |
| Year 3 | $2.25 | -9.90% | 1.34% | $7.50 |
| Year 4 | $2.02 | -9.90% | 1.21% | $9.53 |
| Year 5 | $1.82 | -9.90% | 1.09% | $11.35 |
| Year 6 | $1.64 | -9.90% | 0.98% | $12.99 |
| Year 7 | $1.48 | -9.90% | 0.88% | $14.47 |
| Year 8 | $1.33 | -9.90% | 0.80% | $15.81 |
| Year 9 | $1.20 | -9.90% | 0.72% | $17.01 |
| Year 10 | $1.08 | -9.90% | 0.65% | $18.09 |
| Year 11 | $0.98 | -9.90% | 0.58% | $19.06 |
| Year 12 | $0.88 | -9.90% | 0.52% | $19.94 |
| Year 13 | $0.79 | -9.90% | 0.47% | $20.73 |
| Year 14 | $0.71 | -9.90% | 0.43% | $21.45 |
| Year 15 | $0.64 | -9.90% | 0.38% | $22.09 |
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
