Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.07%.
YIELD ON COST (YOC)
3.07%
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(2016-09-08) | $14.23 | 7.38% |
| 5 years ago(2021-09-10) | $25.34 | 4.14% |
| 3 years ago(2023-09-07) | $24.46 | 4.29% |
| 1 year ago(2025-09-11) | $27.72 | 3.79% |
| Buying today(at $34.38) | $34.38 | 3.07% |
Projection: starting from today's 3.07% yield, assuming the dividend keeps compounding at 8.8% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.07%
In 3 years
3.95%
In 5 years
4.67%
In 10 years
7.09%
Try your own purchase price, dividend and growth rate for Schwab U.S. Dividend Equity ETF (SCHD).
Starting Yield
3.05%
Ending YOC
11.35%
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 | 3.05% | $0.00 |
| Year 1 | $1.15 | +9.15% | 3.33% | $1.15 |
| Year 2 | $1.25 | +9.15% | 3.64% | $2.40 |
| Year 3 | $1.37 | +9.15% | 3.97% | $3.76 |
| Year 4 | $1.49 | +9.15% | 4.33% | $5.25 |
| Year 5 | $1.63 | +9.15% | 4.73% | $6.88 |
| Year 6 | $1.78 | +9.15% | 5.16% | $8.66 |
| Year 7 | $1.94 | +9.15% | 5.64% | $10.59 |
| Year 8 | $2.12 | +9.15% | 6.15% | $12.71 |
| Year 9 | $2.31 | +9.15% | 6.71% | $15.02 |
| Year 10 | $2.52 | +9.15% | 7.33% | $17.54 |
| Year 11 | $2.75 | +9.15% | 8.00% | $20.29 |
| Year 12 | $3.00 | +9.15% | 8.73% | $23.29 |
| Year 13 | $3.28 | +9.15% | 9.53% | $26.57 |
| Year 14 | $3.58 | +9.15% | 10.40% | $30.14 |
| Year 15 | $3.90 | +9.15% | 11.35% | $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
