Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 0.79%.
YIELD ON COST (YOC)
0.79%
PH now pays $7.60 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) | $122.53 | 6.20% |
| 5 years ago(2021-09-09) | $288.02 | 2.64% |
| 3 years ago(2023-08-30) | $418.83 | 1.81% |
| 1 year ago(2025-09-04) | $756.96 | 1.00% |
| Buying today(at $955.87) | $955.87 | 0.79% |
Projection: starting from today's 0.79% yield, assuming the dividend keeps compounding at 15.3% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
0.79%
In 3 years
1.21%
In 5 years
1.61%
In 10 years
3.29%
Try your own purchase price, dividend and growth rate for Parker-Hannifin Corporation (PH).
Starting Yield
0.80%
Ending YOC
6.34%
Year 15 Dividend
$60.56
Cum. Dividends Recd.
$409.86
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $7.60 | N/A | 0.80% | $0.00 |
| Year 1 | $8.73 | +14.84% | 0.91% | $8.73 |
| Year 2 | $10.02 | +14.84% | 1.05% | $18.75 |
| Year 3 | $11.51 | +14.84% | 1.20% | $30.26 |
| Year 4 | $13.22 | +14.84% | 1.38% | $43.48 |
| Year 5 | $15.18 | +14.84% | 1.59% | $58.66 |
| Year 6 | $17.43 | +14.84% | 1.82% | $76.09 |
| Year 7 | $20.02 | +14.84% | 2.09% | $96.11 |
| Year 8 | $22.99 | +14.84% | 2.41% | $119.10 |
| Year 9 | $26.40 | +14.84% | 2.76% | $145.51 |
| Year 10 | $30.32 | +14.84% | 3.17% | $175.83 |
| Year 11 | $34.82 | +14.84% | 3.64% | $210.65 |
| Year 12 | $39.99 | +14.84% | 4.18% | $250.64 |
| Year 13 | $45.92 | +14.84% | 4.80% | $296.56 |
| Year 14 | $52.74 | +14.84% | 5.52% | $349.30 |
| Year 15 | $60.56 | +14.84% | 6.34% | $409.86 |
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
