Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 2.89%.
YIELD ON COST (YOC)
2.89%
PG now pays $4.26 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) | $86.17 | 4.94% |
| 5 years ago(2021-07-27) | $140.85 | 3.02% |
| 3 years ago(2023-07-28) | $156.41 | 2.72% |
| 1 year ago(2025-07-22) | $158.32 | 2.69% |
| Buying today(at $147.41) | $147.41 | 2.89% |
Projection: starting from today's 2.89% yield, assuming the dividend keeps compounding at its historical 6.0% rate. Boards set dividends each year, so actual figures will differ.
Today
2.89%
In 3 years
3.55%
In 5 years
4.07%
In 10 years
5.74%
Try your own purchase price, dividend and growth rate for The Procter & Gamble Company (PG).
Starting Yield
2.89%
Ending YOC
6.95%
Year 15 Dividend
$10.24
Cum. Dividends Recd.
$105.29
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.26 | N/A | 2.89% | $0.00 |
| Year 1 | $4.52 | +6.02% | 3.06% | $4.52 |
| Year 2 | $4.79 | +6.02% | 3.25% | $9.30 |
| Year 3 | $5.08 | +6.02% | 3.44% | $14.38 |
| Year 4 | $5.38 | +6.02% | 3.65% | $19.76 |
| Year 5 | $5.71 | +6.02% | 3.87% | $25.47 |
| Year 6 | $6.05 | +6.02% | 4.10% | $31.52 |
| Year 7 | $6.41 | +6.02% | 4.35% | $37.93 |
| Year 8 | $6.80 | +6.02% | 4.61% | $44.73 |
| Year 9 | $7.21 | +6.02% | 4.89% | $51.94 |
| Year 10 | $7.64 | +6.02% | 5.19% | $59.59 |
| Year 11 | $8.10 | +6.02% | 5.50% | $67.69 |
| Year 12 | $8.59 | +6.02% | 5.83% | $76.28 |
| Year 13 | $9.11 | +6.02% | 6.18% | $85.39 |
| Year 14 | $9.66 | +6.02% | 6.55% | $95.05 |
| Year 15 | $10.24 | +6.02% | 6.95% | $105.29 |
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