Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.73%.
YIELD ON COST (YOC)
1.73%
NTRS now pays $3.20 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(2016-08-02) | $66.21 | 4.83% |
| 5 years ago(2021-08-10) | $115.67 | 2.77% |
| 3 years ago(2023-08-11) | $79.91 | 4.00% |
| 1 year ago(2025-08-05) | $125.92 | 2.54% |
| Buying today(at $185.50) | $185.50 | 1.73% |
Projection: starting from today's 1.73% yield, assuming the dividend keeps compounding at its historical 1.7% rate. Boards set dividends each year, so actual figures will differ.
Today
1.73%
In 3 years
1.88%
In 5 years
1.99%
In 10 years
2.29%
Try your own purchase price, dividend and growth rate for Northern Trust Corporation (NTRS).
Starting Yield
1.73%
Ending YOC
2.23%
Year 15 Dividend
$4.14
Cum. Dividends Recd.
$55.21
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.20 | N/A | 1.73% | $0.00 |
| Year 1 | $3.26 | +1.73% | 1.75% | $3.26 |
| Year 2 | $3.31 | +1.73% | 1.79% | $6.57 |
| Year 3 | $3.37 | +1.73% | 1.82% | $9.94 |
| Year 4 | $3.43 | +1.73% | 1.85% | $13.36 |
| Year 5 | $3.49 | +1.73% | 1.88% | $16.85 |
| Year 6 | $3.55 | +1.73% | 1.91% | $20.40 |
| Year 7 | $3.61 | +1.73% | 1.95% | $24.00 |
| Year 8 | $3.67 | +1.73% | 1.98% | $27.68 |
| Year 9 | $3.73 | +1.73% | 2.01% | $31.41 |
| Year 10 | $3.80 | +1.73% | 2.05% | $35.21 |
| Year 11 | $3.86 | +1.73% | 2.08% | $39.07 |
| Year 12 | $3.93 | +1.73% | 2.12% | $43.00 |
| Year 13 | $4.00 | +1.73% | 2.16% | $47.00 |
| Year 14 | $4.07 | +1.73% | 2.19% | $51.07 |
| Year 15 | $4.14 | +1.73% | 2.23% | $55.21 |
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
