Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.05%.
YIELD ON COST (YOC)
0.05%
MU now pays $0.53 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) | $16.74 | 3.17% |
| 5 years ago(2021-09-08) | $72.27 | 0.73% |
| 3 years ago(2023-08-29) | $66.68 | 0.79% |
| 1 year ago(2025-09-03) | $118.72 | 0.45% |
| Buying today(at $1000.26) | $1000.26 | 0.05% |
Projection: starting from today's 0.05% yield, assuming the dividend keeps compounding at 26.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
0.05%
In 3 years
0.10%
In 5 years
0.15%
In 10 years
0.42%
Try your own purchase price, dividend and growth rate for Micron Technology, Inc. (MU).
Starting Yield
0.05%
Ending YOC
0.17%
Year 15 Dividend
$1.68
Cum. Dividends Recd.
$15.54
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.53 | N/A | 0.05% | $0.00 |
| Year 1 | $0.57 | +8.00% | 0.06% | $0.57 |
| Year 2 | $0.62 | +8.00% | 0.06% | $1.19 |
| Year 3 | $0.67 | +8.00% | 0.07% | $1.86 |
| Year 4 | $0.72 | +8.00% | 0.07% | $2.58 |
| Year 5 | $0.78 | +8.00% | 0.08% | $3.36 |
| Year 6 | $0.84 | +8.00% | 0.08% | $4.20 |
| Year 7 | $0.91 | +8.00% | 0.09% | $5.11 |
| Year 8 | $0.98 | +8.00% | 0.10% | $6.09 |
| Year 9 | $1.06 | +8.00% | 0.11% | $7.15 |
| Year 10 | $1.14 | +8.00% | 0.11% | $8.29 |
| Year 11 | $1.24 | +8.00% | 0.12% | $9.53 |
| Year 12 | $1.33 | +8.00% | 0.13% | $10.86 |
| Year 13 | $1.44 | +8.00% | 0.14% | $12.30 |
| Year 14 | $1.56 | +8.00% | 0.16% | $13.86 |
| Year 15 | $1.68 | +8.00% | 0.17% | $15.54 |
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