Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.85%.
YIELD ON COST (YOC)
2.85%
NI now pays $1.18 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) | $24.42 | 4.83% |
| 5 years ago(2021-09-14) | $24.31 | 4.85% |
| 3 years ago(2023-09-15) | $27.67 | 4.26% |
| 1 year ago(2025-09-09) | $40.49 | 2.91% |
| Buying today(at $41.08) | $41.08 | 2.85% |
Projection: starting from today's 2.85% yield, assuming the dividend keeps compounding at 6.2% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
2.85%
In 3 years
3.41%
In 5 years
3.85%
In 10 years
5.21%
Try your own purchase price, dividend and growth rate for NiSource Inc (NI).
Starting Yield
2.87%
Ending YOC
6.81%
Year 15 Dividend
$2.80
Cum. Dividends Recd.
$28.91
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.18 | N/A | 2.87% | $0.00 |
| Year 1 | $1.25 | +5.92% | 3.04% | $1.25 |
| Year 2 | $1.32 | +5.92% | 3.22% | $2.57 |
| Year 3 | $1.40 | +5.92% | 3.41% | $3.98 |
| Year 4 | $1.49 | +5.92% | 3.62% | $5.46 |
| Year 5 | $1.57 | +5.92% | 3.83% | $7.03 |
| Year 6 | $1.67 | +5.92% | 4.06% | $8.70 |
| Year 7 | $1.76 | +5.92% | 4.30% | $10.47 |
| Year 8 | $1.87 | +5.92% | 4.55% | $12.33 |
| Year 9 | $1.98 | +5.92% | 4.82% | $14.32 |
| Year 10 | $2.10 | +5.92% | 5.11% | $16.41 |
| Year 11 | $2.22 | +5.92% | 5.41% | $18.63 |
| Year 12 | $2.35 | +5.92% | 5.73% | $20.99 |
| Year 13 | $2.49 | +5.92% | 6.07% | $23.48 |
| Year 14 | $2.64 | +5.92% | 6.43% | $26.12 |
| Year 15 | $2.80 | +5.92% | 6.81% | $28.91 |
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
