Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.17%.
YIELD ON COST (YOC)
3.17%
PPL now pays $1.12 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(2016-07-26) | $37.33 | 3.00% |
| 5 years ago(2021-08-03) | $28.56 | 3.92% |
| 3 years ago(2023-08-04) | $26.08 | 4.29% |
| 1 year ago(2025-07-29) | $36.20 | 3.09% |
| Buying today(at $35.21) | $35.21 | 3.17% |
Projection: starting from today's 3.17% yield, assuming the dividend keeps compounding at its historical -8.1% rate. Boards set dividends each year, so actual figures will differ.
Today
3.17%
In 3 years
2.08%
In 5 years
1.57%
In 10 years
0.78%
Try your own purchase price, dividend and growth rate for PPL Corporation (PPL).
Starting Yield
3.18%
Ending YOC
0.90%
Year 15 Dividend
$0.32
Cum. Dividends Recd.
$9.15
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.12 | N/A | 3.18% | $0.00 |
| Year 1 | $1.03 | +-8.07% | 2.92% | $1.03 |
| Year 2 | $0.95 | +-8.07% | 2.69% | $1.98 |
| Year 3 | $0.87 | +-8.07% | 2.47% | $2.85 |
| Year 4 | $0.80 | +-8.07% | 2.27% | $3.65 |
| Year 5 | $0.74 | +-8.07% | 2.09% | $4.38 |
| Year 6 | $0.68 | +-8.07% | 1.92% | $5.06 |
| Year 7 | $0.62 | +-8.07% | 1.77% | $5.68 |
| Year 8 | $0.57 | +-8.07% | 1.62% | $6.25 |
| Year 9 | $0.53 | +-8.07% | 1.49% | $6.78 |
| Year 10 | $0.48 | +-8.07% | 1.37% | $7.26 |
| Year 11 | $0.44 | +-8.07% | 1.26% | $7.70 |
| Year 12 | $0.41 | +-8.07% | 1.16% | $8.11 |
| Year 13 | $0.38 | +-8.07% | 1.07% | $8.49 |
| Year 14 | $0.34 | +-8.07% | 0.98% | $8.83 |
| Year 15 | $0.32 | +-8.07% | 0.90% | $9.15 |
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
