Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.51%.
YIELD ON COST (YOC)
3.51%
SJM now pays $4.42 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(2016-08-31) | $141.79 | 3.12% |
| 5 years ago(2021-09-09) | $120.78 | 3.66% |
| 3 years ago(2023-08-30) | $143.88 | 3.07% |
| 1 year ago(2025-09-04) | $112.34 | 3.93% |
| Buying today(at $124.66) | $124.66 | 3.51% |
Projection: starting from today's 3.51% yield, assuming the dividend keeps compounding at 3.6% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.51%
In 3 years
3.90%
In 5 years
4.19%
In 10 years
5.01%
Try your own purchase price, dividend and growth rate for The J. M. Smucker Company (SJM).
Starting Yield
3.55%
Ending YOC
6.52%
Year 15 Dividend
$8.12
Cum. Dividends Recd.
$93.13
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.42 | N/A | 3.55% | $0.00 |
| Year 1 | $4.60 | +4.14% | 3.69% | $4.60 |
| Year 2 | $4.79 | +4.14% | 3.85% | $9.40 |
| Year 3 | $4.99 | +4.14% | 4.00% | $14.39 |
| Year 4 | $5.20 | +4.14% | 4.17% | $19.59 |
| Year 5 | $5.41 | +4.14% | 4.34% | $25.00 |
| Year 6 | $5.64 | +4.14% | 4.52% | $30.64 |
| Year 7 | $5.87 | +4.14% | 4.71% | $36.51 |
| Year 8 | $6.11 | +4.14% | 4.90% | $42.63 |
| Year 9 | $6.37 | +4.14% | 5.11% | $48.99 |
| Year 10 | $6.63 | +4.14% | 5.32% | $55.62 |
| Year 11 | $6.91 | +4.14% | 5.54% | $62.53 |
| Year 12 | $7.19 | +4.14% | 5.77% | $69.72 |
| Year 13 | $7.49 | +4.14% | 6.01% | $77.21 |
| Year 14 | $7.80 | +4.14% | 6.26% | $85.01 |
| Year 15 | $8.12 | +4.14% | 6.52% | $93.13 |
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
