Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 7.03%.
YIELD ON COST (YOC)
7.03%
PZZA now pays $1.38 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(2016-10-04) | $76.96 | 1.79% |
| 5 years ago(2021-09-30) | $126.99 | 1.09% |
| 3 years ago(2023-10-03) | $65.26 | 2.11% |
| 1 year ago(2025-10-07) | $44.54 | 3.10% |
| Buying today(at $19.46) | $19.46 | 7.03% |
Projection: starting from today's 7.03% yield, assuming the dividend keeps compounding at 12.5% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
7.03%
In 3 years
10.00%
In 5 years
12.64%
In 10 years
22.75%
Try your own purchase price, dividend and growth rate for Papa John's International, Inc. (PZZA).
Starting Yield
7.09%
Ending YOC
60.62%
Year 15 Dividend
$11.80
Cum. Dividends Recd.
$78.16
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.38 | N/A | 7.09% | $0.00 |
| Year 1 | $1.59 | +15.38% | 8.18% | $1.59 |
| Year 2 | $1.84 | +15.38% | 9.44% | $3.43 |
| Year 3 | $2.12 | +15.38% | 10.89% | $5.55 |
| Year 4 | $2.45 | +15.38% | 12.56% | $7.99 |
| Year 5 | $2.82 | +15.38% | 14.50% | $10.82 |
| Year 6 | $3.26 | +15.38% | 16.73% | $14.07 |
| Year 7 | $3.76 | +15.38% | 19.30% | $17.83 |
| Year 8 | $4.33 | +15.38% | 22.27% | $22.16 |
| Year 9 | $5.00 | +15.38% | 25.69% | $27.16 |
| Year 10 | $5.77 | +15.38% | 29.64% | $32.93 |
| Year 11 | $6.66 | +15.38% | 34.20% | $39.59 |
| Year 12 | $7.68 | +15.38% | 39.46% | $47.27 |
| Year 13 | $8.86 | +15.38% | 45.53% | $56.14 |
| Year 14 | $10.23 | +15.38% | 52.54% | $66.36 |
| Year 15 | $11.80 | +15.38% | 60.62% | $78.16 |
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
