Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.76%.
YIELD ON COST (YOC)
4.76%
OCFC now pays $0.80 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(2016-10-04) | $19.23 | 4.16% |
| 5 years ago(2021-09-30) | $21.41 | 3.74% |
| 3 years ago(2023-10-03) | $14.01 | 5.71% |
| 1 year ago(2025-10-07) | $18.13 | 4.41% |
| Buying today(at $16.84) | $16.84 | 4.76% |
Projection: starting from today's 4.76% yield, assuming the dividend keeps compounding at 4.2% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.76%
In 3 years
5.38%
In 5 years
5.84%
In 10 years
7.15%
Try your own purchase price, dividend and growth rate for OceanFirst Financial Corp. (OCFC).
Starting Yield
4.75%
Ending YOC
7.73%
Year 15 Dividend
$1.30
Cum. Dividends Recd.
$15.71
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.80 | N/A | 4.75% | $0.00 |
| Year 1 | $0.83 | +3.30% | 4.91% | $0.83 |
| Year 2 | $0.85 | +3.30% | 5.07% | $1.68 |
| Year 3 | $0.88 | +3.30% | 5.24% | $2.56 |
| Year 4 | $0.91 | +3.30% | 5.41% | $3.47 |
| Year 5 | $0.94 | +3.30% | 5.59% | $4.41 |
| Year 6 | $0.97 | +3.30% | 5.77% | $5.39 |
| Year 7 | $1.00 | +3.30% | 5.96% | $6.39 |
| Year 8 | $1.04 | +3.30% | 6.16% | $7.43 |
| Year 9 | $1.07 | +3.30% | 6.36% | $8.50 |
| Year 10 | $1.11 | +3.30% | 6.57% | $9.61 |
| Year 11 | $1.14 | +3.30% | 6.79% | $10.75 |
| Year 12 | $1.18 | +3.30% | 7.02% | $11.93 |
| Year 13 | $1.22 | +3.30% | 7.25% | $13.15 |
| Year 14 | $1.26 | +3.30% | 7.49% | $14.41 |
| Year 15 | $1.30 | +3.30% | 7.73% | $15.71 |
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
