Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.91%.
YIELD ON COST (YOC)
2.91%
NEE now pays $2.44 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) | $31.32 | 7.79% |
| 5 years ago(2021-09-14) | $84.64 | 2.88% |
| 3 years ago(2023-09-05) | $66.20 | 3.69% |
| 1 year ago(2025-09-09) | $70.07 | 3.48% |
| Buying today(at $83.38) | $83.38 | 2.91% |
Projection: starting from today's 2.91% yield, assuming the dividend keeps compounding at 10.1% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.91%
In 3 years
3.88%
In 5 years
4.71%
In 10 years
7.63%
Try your own purchase price, dividend and growth rate for NextEra Energy, Inc. (NEE).
Starting Yield
2.93%
Ending YOC
12.41%
Year 15 Dividend
$10.35
Cum. Dividends Recd.
$86.11
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.44 | N/A | 2.93% | $0.00 |
| Year 1 | $2.69 | +10.11% | 3.22% | $2.69 |
| Year 2 | $2.96 | +10.11% | 3.55% | $5.64 |
| Year 3 | $3.26 | +10.11% | 3.91% | $8.90 |
| Year 4 | $3.59 | +10.11% | 4.30% | $12.49 |
| Year 5 | $3.95 | +10.11% | 4.74% | $16.44 |
| Year 6 | $4.35 | +10.11% | 5.22% | $20.79 |
| Year 7 | $4.79 | +10.11% | 5.74% | $25.58 |
| Year 8 | $5.27 | +10.11% | 6.32% | $30.85 |
| Year 9 | $5.81 | +10.11% | 6.96% | $36.65 |
| Year 10 | $6.39 | +10.11% | 7.67% | $43.05 |
| Year 11 | $7.04 | +10.11% | 8.44% | $50.08 |
| Year 12 | $7.75 | +10.11% | 9.29% | $57.83 |
| Year 13 | $8.53 | +10.11% | 10.23% | $66.37 |
| Year 14 | $9.40 | +10.11% | 11.27% | $75.76 |
| Year 15 | $10.35 | +10.11% | 12.41% | $86.11 |
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