Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.51%.
YIELD ON COST (YOC)
4.51%
OKE now pays $4.20 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(2016-07-19) | $47.51 | 8.84% |
| 5 years ago(2021-07-27) | $52.92 | 7.94% |
| 3 years ago(2023-07-28) | $67.22 | 6.25% |
| 1 year ago(2025-07-22) | $80.74 | 5.20% |
| Buying today(at $93.16) | $93.16 | 4.51% |
Projection: starting from today's 4.51% yield, assuming the dividend keeps compounding at its historical 1.9% rate. Boards set dividends each year, so actual figures will differ.
Today
4.51%
In 3 years
4.97%
In 5 years
5.30%
In 10 years
6.22%
Try your own purchase price, dividend and growth rate for ONEOK, Inc. (OKE).
Starting Yield
4.51%
Ending YOC
6.02%
Year 15 Dividend
$5.61
Cum. Dividends Recd.
$73.78
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.20 | N/A | 4.51% | $0.00 |
| Year 1 | $4.28 | +1.95% | 4.60% | $4.28 |
| Year 2 | $4.37 | +1.95% | 4.69% | $8.65 |
| Year 3 | $4.45 | +1.95% | 4.78% | $13.10 |
| Year 4 | $4.54 | +1.95% | 4.87% | $17.64 |
| Year 5 | $4.63 | +1.95% | 4.97% | $22.26 |
| Year 6 | $4.72 | +1.95% | 5.06% | $26.98 |
| Year 7 | $4.81 | +1.95% | 5.16% | $31.78 |
| Year 8 | $4.90 | +1.95% | 5.26% | $36.69 |
| Year 9 | $5.00 | +1.95% | 5.36% | $41.68 |
| Year 10 | $5.09 | +1.95% | 5.47% | $46.78 |
| Year 11 | $5.19 | +1.95% | 5.58% | $51.97 |
| Year 12 | $5.30 | +1.95% | 5.68% | $57.27 |
| Year 13 | $5.40 | +1.95% | 5.80% | $62.67 |
| Year 14 | $5.50 | +1.95% | 5.91% | $68.17 |
| Year 15 | $5.61 | +1.95% | 6.02% | $73.78 |
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
