Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.17%.
YIELD ON COST (YOC)
4.17%
NVO now pays $1.80 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) | $23.00 | 7.83% |
| 5 years ago(2021-09-14) | $50.02 | 3.60% |
| 3 years ago(2023-09-15) | $95.22 | 1.89% |
| 1 year ago(2025-09-09) | $54.30 | 3.31% |
| Buying today(at $42.53) | $42.53 | 4.17% |
Projection: starting from today's 4.17% yield, assuming the dividend keeps compounding at 22.4% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.17%
In 3 years
7.65%
In 5 years
11.47%
In 10 years
31.52%
Try your own purchase price, dividend and growth rate for Novo Nordisk A/S (NVO).
Starting Yield
4.23%
Ending YOC
61.56%
Year 15 Dividend
$26.18
Cum. Dividends Recd.
$149.15
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.80 | N/A | 4.23% | $0.00 |
| Year 1 | $2.15 | +19.54% | 5.06% | $2.15 |
| Year 2 | $2.57 | +19.54% | 6.05% | $4.72 |
| Year 3 | $3.07 | +19.54% | 7.23% | $7.80 |
| Year 4 | $3.68 | +19.54% | 8.64% | $11.47 |
| Year 5 | $4.39 | +19.54% | 10.33% | $15.87 |
| Year 6 | $5.25 | +19.54% | 12.35% | $21.12 |
| Year 7 | $6.28 | +19.54% | 14.76% | $27.40 |
| Year 8 | $7.51 | +19.54% | 17.65% | $34.90 |
| Year 9 | $8.97 | +19.54% | 21.10% | $43.88 |
| Year 10 | $10.73 | +19.54% | 25.22% | $54.60 |
| Year 11 | $12.82 | +19.54% | 30.15% | $67.42 |
| Year 12 | $15.33 | +19.54% | 36.04% | $82.75 |
| Year 13 | $18.32 | +19.54% | 43.08% | $101.07 |
| Year 14 | $21.90 | +19.54% | 51.49% | $122.97 |
| Year 15 | $26.18 | +19.54% | 61.56% | $149.15 |
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
