Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.06%.
YIELD ON COST (YOC)
1.06%
STE now pays $2.52 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(2016-08-02) | $70.76 | 3.56% |
| 5 years ago(2021-08-10) | $217.62 | 1.16% |
| 3 years ago(2023-08-11) | $228.00 | 1.11% |
| 1 year ago(2025-08-05) | $223.87 | 1.13% |
| Buying today(at $236.37) | $236.37 | 1.06% |
Projection: starting from today's 1.06% yield, assuming the dividend keeps compounding at its historical 9.3% rate. Boards set dividends each year, so actual figures will differ.
Today
1.06%
In 3 years
1.53%
In 5 years
1.96%
In 10 years
3.63%
Try your own purchase price, dividend and growth rate for STERIS plc (STE).
Starting Yield
1.07%
Ending YOC
4.04%
Year 15 Dividend
$9.54
Cum. Dividends Recd.
$82.66
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.52 | N/A | 1.07% | $0.00 |
| Year 1 | $2.75 | +9.28% | 1.17% | $2.75 |
| Year 2 | $3.01 | +9.28% | 1.27% | $5.76 |
| Year 3 | $3.29 | +9.28% | 1.39% | $9.05 |
| Year 4 | $3.59 | +9.28% | 1.52% | $12.65 |
| Year 5 | $3.93 | +9.28% | 1.66% | $16.57 |
| Year 6 | $4.29 | +9.28% | 1.82% | $20.87 |
| Year 7 | $4.69 | +9.28% | 1.98% | $25.56 |
| Year 8 | $5.13 | +9.28% | 2.17% | $30.68 |
| Year 9 | $5.60 | +9.28% | 2.37% | $36.28 |
| Year 10 | $6.12 | +9.28% | 2.59% | $42.40 |
| Year 11 | $6.69 | +9.28% | 2.83% | $49.09 |
| Year 12 | $7.31 | +9.28% | 3.09% | $56.40 |
| Year 13 | $7.99 | +9.28% | 3.38% | $64.39 |
| Year 14 | $8.73 | +9.28% | 3.69% | $73.12 |
| Year 15 | $9.54 | +9.28% | 4.04% | $82.66 |
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