Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.46%.
YIELD ON COST (YOC)
3.46%
NVEC now pays $4.00 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(2016-10-04) | $58.27 | 6.86% |
| 5 years ago(2021-09-30) | $63.97 | 6.25% |
| 3 years ago(2023-10-03) | $80.11 | 4.99% |
| 1 year ago(2025-10-07) | $66.90 | 5.98% |
| Buying today(at $117.46) | $117.46 | 3.46% |
Projection: starting from today's 3.46% yield, assuming the dividend keeps compounding at 0.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.46%
In 3 years
3.46%
In 5 years
3.46%
In 10 years
3.46%
Try your own purchase price, dividend and growth rate for NVE Corporation (NVEC).
Starting Yield
3.41%
Ending YOC
8.76%
Year 15 Dividend
$10.29
Cum. Dividends Recd.
$103.02
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.00 | N/A | 3.41% | $0.00 |
| Year 1 | $4.26 | +6.50% | 3.63% | $4.26 |
| Year 2 | $4.54 | +6.50% | 3.86% | $8.80 |
| Year 3 | $4.83 | +6.50% | 4.11% | $13.63 |
| Year 4 | $5.15 | +6.50% | 4.38% | $18.77 |
| Year 5 | $5.48 | +6.50% | 4.67% | $24.25 |
| Year 6 | $5.84 | +6.50% | 4.97% | $30.09 |
| Year 7 | $6.22 | +6.50% | 5.29% | $36.31 |
| Year 8 | $6.62 | +6.50% | 5.64% | $42.93 |
| Year 9 | $7.05 | +6.50% | 6.00% | $49.98 |
| Year 10 | $7.51 | +6.50% | 6.39% | $57.49 |
| Year 11 | $8.00 | +6.50% | 6.81% | $65.48 |
| Year 12 | $8.52 | +6.50% | 7.25% | $74.00 |
| Year 13 | $9.07 | +6.50% | 7.72% | $83.07 |
| Year 14 | $9.66 | +6.50% | 8.22% | $92.73 |
| Year 15 | $10.29 | +6.50% | 8.76% | $103.02 |
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