Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 6.05%.
YIELD ON COST (YOC)
6.05%
PFE now pays $1.72 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(2016-08-31) | $32.99 | 5.21% |
| 5 years ago(2021-09-09) | $46.03 | 3.74% |
| 3 years ago(2023-08-30) | $35.90 | 4.79% |
| 1 year ago(2025-09-04) | $24.54 | 7.01% |
| Buying today(at $27.79) | $27.79 | 6.05% |
Projection: starting from today's 6.05% 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
6.05%
In 3 years
6.51%
In 5 years
6.83%
In 10 years
7.72%
Try your own purchase price, dividend and growth rate for Pfizer Inc. (PFE).
Starting Yield
6.19%
Ending YOC
8.96%
Year 15 Dividend
$2.49
Cum. Dividends Recd.
$31.61
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.72 | N/A | 6.19% | $0.00 |
| Year 1 | $1.76 | +2.50% | 6.34% | $1.76 |
| Year 2 | $1.81 | +2.50% | 6.50% | $3.57 |
| Year 3 | $1.85 | +2.50% | 6.67% | $5.42 |
| Year 4 | $1.90 | +2.50% | 6.83% | $7.32 |
| Year 5 | $1.95 | +2.50% | 7.00% | $9.27 |
| Year 6 | $1.99 | +2.50% | 7.18% | $11.26 |
| Year 7 | $2.04 | +2.50% | 7.36% | $13.31 |
| Year 8 | $2.10 | +2.50% | 7.54% | $15.40 |
| Year 9 | $2.15 | +2.50% | 7.73% | $17.55 |
| Year 10 | $2.20 | +2.50% | 7.92% | $19.75 |
| Year 11 | $2.26 | +2.50% | 8.12% | $22.01 |
| Year 12 | $2.31 | +2.50% | 8.32% | $24.32 |
| Year 13 | $2.37 | +2.50% | 8.53% | $26.69 |
| Year 14 | $2.43 | +2.50% | 8.75% | $29.12 |
| Year 15 | $2.49 | +2.50% | 8.96% | $31.61 |
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
