Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.07%.
YIELD ON COST (YOC)
1.07%
MSI now pays $4.72 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) | $68.42 | 6.90% |
| 5 years ago(2021-07-22) | $220.12 | 2.14% |
| 3 years ago(2023-07-25) | $297.96 | 1.58% |
| 1 year ago(2025-07-29) | $433.95 | 1.09% |
| Buying today(at $434.20) | $434.20 | 1.07% |
Projection: starting from today's 1.07% yield, assuming the dividend keeps compounding at its historical 11.2% rate. Boards set dividends each year, so actual figures will differ.
Today
1.07%
In 3 years
1.65%
In 5 years
2.19%
In 10 years
4.47%
Try your own purchase price, dividend and growth rate for Motorola Solutions, Inc. (MSI).
Starting Yield
1.09%
Ending YOC
5.37%
Year 15 Dividend
$23.33
Cum. Dividends Recd.
$184.15
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.72 | N/A | 1.09% | $0.00 |
| Year 1 | $5.25 | +11.24% | 1.21% | $5.25 |
| Year 2 | $5.84 | +11.24% | 1.35% | $11.09 |
| Year 3 | $6.50 | +11.24% | 1.50% | $17.59 |
| Year 4 | $7.23 | +11.24% | 1.66% | $24.82 |
| Year 5 | $8.04 | +11.24% | 1.85% | $32.86 |
| Year 6 | $8.94 | +11.24% | 2.06% | $41.80 |
| Year 7 | $9.95 | +11.24% | 2.29% | $51.75 |
| Year 8 | $11.07 | +11.24% | 2.55% | $62.81 |
| Year 9 | $12.31 | +11.24% | 2.84% | $75.13 |
| Year 10 | $13.69 | +11.24% | 3.15% | $88.82 |
| Year 11 | $15.23 | +11.24% | 3.51% | $104.05 |
| Year 12 | $16.95 | +11.24% | 3.90% | $121.00 |
| Year 13 | $18.85 | +11.24% | 4.34% | $139.85 |
| Year 14 | $20.97 | +11.24% | 4.83% | $160.82 |
| Year 15 | $23.33 | +11.24% | 5.37% | $184.15 |
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