Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.65%.
YIELD ON COST (YOC)
0.65%
MTX now pays $0.47 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(2016-08-25) | $70.88 | 0.66% |
| 5 years ago(2021-08-23) | $77.78 | 0.60% |
| 3 years ago(2023-08-24) | $59.13 | 0.79% |
| 1 year ago(2025-08-28) | $65.15 | 0.72% |
| Buying today(at $72.08) | $72.08 | 0.65% |
Projection: starting from today's 0.65% yield, assuming the dividend keeps compounding at its historical 17.6% rate. Boards set dividends each year, so actual figures will differ.
Today
0.65%
In 3 years
1.46%
In 5 years
2.51%
In 10 years
9.70%
Try your own purchase price, dividend and growth rate for Minerals Technologies Inc. (MTX).
Starting Yield
0.65%
Ending YOC
7.43%
Year 15 Dividend
$5.36
Cum. Dividends Recd.
$32.63
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.47 | N/A | 0.65% | $0.00 |
| Year 1 | $0.55 | +17.61% | 0.77% | $0.55 |
| Year 2 | $0.65 | +17.61% | 0.90% | $1.20 |
| Year 3 | $0.76 | +17.61% | 1.06% | $1.97 |
| Year 4 | $0.90 | +17.61% | 1.25% | $2.87 |
| Year 5 | $1.06 | +17.61% | 1.47% | $3.92 |
| Year 6 | $1.24 | +17.61% | 1.73% | $5.17 |
| Year 7 | $1.46 | +17.61% | 2.03% | $6.63 |
| Year 8 | $1.72 | +17.61% | 2.39% | $8.35 |
| Year 9 | $2.02 | +17.61% | 2.81% | $10.37 |
| Year 10 | $2.38 | +17.61% | 3.30% | $12.75 |
| Year 11 | $2.80 | +17.61% | 3.88% | $15.55 |
| Year 12 | $3.29 | +17.61% | 4.57% | $18.85 |
| Year 13 | $3.87 | +17.61% | 5.37% | $22.72 |
| Year 14 | $4.55 | +17.61% | 6.32% | $27.27 |
| Year 15 | $5.36 | +17.61% | 7.43% | $32.63 |
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
