Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.13%.
YIELD ON COST (YOC)
3.13%
SCHD now pays $1.05 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(2016-07-29) | $14.21 | 7.39% |
| 5 years ago(2021-08-02) | $25.33 | 4.15% |
| 3 years ago(2023-07-28) | $25.21 | 4.17% |
| 1 year ago(2025-08-01) | $26.38 | 3.98% |
| Buying today(at $33.47) | $33.47 | 3.13% |
Projection: starting from today's 3.13% yield, assuming the dividend keeps compounding at its historical 9.2% rate. Boards set dividends each year, so actual figures will differ.
Today
3.13%
In 3 years
4.37%
In 5 years
5.47%
In 10 years
9.54%
Try your own purchase price, dividend and growth rate for Schwab U.S. Dividend Equity ETF (SCHD).
Starting Yield
3.14%
Ending YOC
11.67%
Year 15 Dividend
$3.90
Cum. Dividends Recd.
$34.05
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.05 | N/A | 3.14% | $0.00 |
| Year 1 | $1.15 | +9.15% | 3.42% | $1.15 |
| Year 2 | $1.25 | +9.15% | 3.74% | $2.40 |
| Year 3 | $1.37 | +9.15% | 4.08% | $3.76 |
| Year 4 | $1.49 | +9.15% | 4.45% | $5.25 |
| Year 5 | $1.63 | +9.15% | 4.86% | $6.88 |
| Year 6 | $1.78 | +9.15% | 5.30% | $8.66 |
| Year 7 | $1.94 | +9.15% | 5.79% | $10.59 |
| Year 8 | $2.12 | +9.15% | 6.32% | $12.71 |
| Year 9 | $2.31 | +9.15% | 6.90% | $15.02 |
| Year 10 | $2.52 | +9.15% | 7.53% | $17.54 |
| Year 11 | $2.75 | +9.15% | 8.22% | $20.29 |
| Year 12 | $3.00 | +9.15% | 8.97% | $23.29 |
| Year 13 | $3.28 | +9.15% | 9.79% | $26.57 |
| Year 14 | $3.58 | +9.15% | 10.69% | $30.14 |
| Year 15 | $3.90 | +9.15% | 11.67% | $34.05 |
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
