Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 6.46%.
YIELD ON COST (YOC)
6.46%
PK now pays $1.00 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 |
|---|---|---|
| 5 years ago(2021-09-29) | $19.58 | 5.11% |
| 3 years ago(2023-10-02) | $12.17 | 8.22% |
| 1 year ago(2025-10-01) | $11.03 | 9.07% |
| Buying today(at $15.49) | $15.49 | 6.46% |
Projection: starting from today's 6.46% yield, assuming the dividend keeps compounding at 7.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
6.46%
In 3 years
7.91%
In 5 years
9.05%
In 10 years
12.67%
Try your own purchase price, dividend and growth rate for Park Hotels & Resorts Inc. (PK).
Starting Yield
6.45%
Ending YOC
17.71%
Year 15 Dividend
$2.74
Cum. Dividends Recd.
$26.80
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.00 | N/A | 6.45% | $0.00 |
| Year 1 | $1.07 | +6.96% | 6.90% | $1.07 |
| Year 2 | $1.14 | +6.96% | 7.38% | $2.21 |
| Year 3 | $1.22 | +6.96% | 7.90% | $3.44 |
| Year 4 | $1.31 | +6.96% | 8.45% | $4.75 |
| Year 5 | $1.40 | +6.96% | 9.03% | $6.15 |
| Year 6 | $1.50 | +6.96% | 9.66% | $7.64 |
| Year 7 | $1.60 | +6.96% | 10.34% | $9.25 |
| Year 8 | $1.71 | +6.96% | 11.06% | $10.96 |
| Year 9 | $1.83 | +6.96% | 11.82% | $12.79 |
| Year 10 | $1.96 | +6.96% | 12.65% | $14.75 |
| Year 11 | $2.10 | +6.96% | 13.53% | $16.85 |
| Year 12 | $2.24 | +6.96% | 14.47% | $19.09 |
| Year 13 | $2.40 | +6.96% | 15.48% | $21.49 |
| Year 14 | $2.57 | +6.96% | 16.55% | $24.05 |
| Year 15 | $2.74 | +6.96% | 17.71% | $26.80 |
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