Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.01%.
YIELD ON COST (YOC)
1.01%
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(2016-09-06) | $78.32 | 6.03% |
| 5 years ago(2021-09-14) | $240.81 | 1.96% |
| 3 years ago(2023-09-15) | $283.21 | 1.67% |
| 1 year ago(2025-09-09) | $477.93 | 0.99% |
| Buying today(at $474.13) | $474.13 | 1.01% |
Projection: starting from today's 1.01% yield, assuming the dividend keeps compounding at 11.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.01%
In 3 years
1.40%
In 5 years
1.73%
In 10 years
2.95%
Try your own purchase price, dividend and growth rate for Motorola Solutions, Inc. (MSI).
Starting Yield
1.00%
Ending YOC
4.92%
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 | 1.00% | $0.00 |
| Year 1 | $5.25 | +11.24% | 1.11% | $5.25 |
| Year 2 | $5.84 | +11.24% | 1.23% | $11.09 |
| Year 3 | $6.50 | +11.24% | 1.37% | $17.59 |
| Year 4 | $7.23 | +11.24% | 1.52% | $24.82 |
| Year 5 | $8.04 | +11.24% | 1.70% | $32.86 |
| Year 6 | $8.94 | +11.24% | 1.89% | $41.80 |
| Year 7 | $9.95 | +11.24% | 2.10% | $51.75 |
| Year 8 | $11.07 | +11.24% | 2.33% | $62.81 |
| Year 9 | $12.31 | +11.24% | 2.60% | $75.13 |
| Year 10 | $13.69 | +11.24% | 2.89% | $88.82 |
| Year 11 | $15.23 | +11.24% | 3.21% | $104.05 |
| Year 12 | $16.95 | +11.24% | 3.57% | $121.00 |
| Year 13 | $18.85 | +11.24% | 3.98% | $139.85 |
| Year 14 | $20.97 | +11.24% | 4.42% | $160.82 |
| Year 15 | $23.33 | +11.24% | 4.92% | $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