Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.35%.
YIELD ON COST (YOC)
4.35%
OKE now pays $4.24 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) | $49.26 | 8.61% |
| 5 years ago(2021-09-14) | $53.05 | 7.99% |
| 3 years ago(2023-09-05) | $65.66 | 6.46% |
| 1 year ago(2025-09-09) | $71.84 | 5.90% |
| Buying today(at $96.54) | $96.54 | 4.35% |
Projection: starting from today's 4.35% yield, assuming the dividend keeps compounding at 2.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.35%
In 3 years
4.68%
In 5 years
4.91%
In 10 years
5.54%
Try your own purchase price, dividend and growth rate for ONEOK, Inc. (OKE).
Starting Yield
4.39%
Ending YOC
5.87%
Year 15 Dividend
$5.66
Cum. Dividends Recd.
$74.48
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.24 | N/A | 4.39% | $0.00 |
| Year 1 | $4.32 | +1.95% | 4.48% | $4.32 |
| Year 2 | $4.41 | +1.95% | 4.56% | $8.73 |
| Year 3 | $4.49 | +1.95% | 4.65% | $13.22 |
| Year 4 | $4.58 | +1.95% | 4.74% | $17.80 |
| Year 5 | $4.67 | +1.95% | 4.84% | $22.47 |
| Year 6 | $4.76 | +1.95% | 4.93% | $27.23 |
| Year 7 | $4.85 | +1.95% | 5.03% | $32.09 |
| Year 8 | $4.95 | +1.95% | 5.13% | $37.04 |
| Year 9 | $5.04 | +1.95% | 5.23% | $42.08 |
| Year 10 | $5.14 | +1.95% | 5.33% | $47.22 |
| Year 11 | $5.24 | +1.95% | 5.43% | $52.47 |
| Year 12 | $5.35 | +1.95% | 5.54% | $57.81 |
| Year 13 | $5.45 | +1.95% | 5.65% | $63.26 |
| Year 14 | $5.56 | +1.95% | 5.76% | $68.82 |
| Year 15 | $5.66 | +1.95% | 5.87% | $74.48 |
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
