Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.20%.
YIELD ON COST (YOC)
3.20%
STZ now pays $4.10 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) | $164.05 | 2.50% |
| 5 years ago(2021-09-09) | $216.01 | 1.90% |
| 3 years ago(2023-08-30) | $260.86 | 1.57% |
| 1 year ago(2025-09-04) | $145.88 | 2.81% |
| Buying today(at $120.98) | $120.98 | 3.20% |
Projection: starting from today's 3.20% yield, assuming the dividend keeps compounding at 7.6% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.20%
In 3 years
3.99%
In 5 years
4.63%
In 10 years
6.69%
Try your own purchase price, dividend and growth rate for Constellation Brands, Inc. (STZ).
Starting Yield
3.39%
Ending YOC
8.46%
Year 15 Dividend
$10.24
Cum. Dividends Recd.
$103.70
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $4.10 | N/A | 3.39% | $0.00 |
| Year 1 | $4.36 | +6.29% | 3.60% | $4.36 |
| Year 2 | $4.63 | +6.29% | 3.83% | $8.99 |
| Year 3 | $4.92 | +6.29% | 4.07% | $13.91 |
| Year 4 | $5.23 | +6.29% | 4.33% | $19.15 |
| Year 5 | $5.56 | +6.29% | 4.60% | $24.71 |
| Year 6 | $5.91 | +6.29% | 4.89% | $30.62 |
| Year 7 | $6.28 | +6.29% | 5.19% | $36.90 |
| Year 8 | $6.68 | +6.29% | 5.52% | $43.58 |
| Year 9 | $7.10 | +6.29% | 5.87% | $50.68 |
| Year 10 | $7.55 | +6.29% | 6.24% | $58.23 |
| Year 11 | $8.02 | +6.29% | 6.63% | $66.25 |
| Year 12 | $8.52 | +6.29% | 7.05% | $74.77 |
| Year 13 | $9.06 | +6.29% | 7.49% | $83.84 |
| Year 14 | $9.63 | +6.29% | 7.96% | $93.47 |
| Year 15 | $10.24 | +6.29% | 8.46% | $103.70 |
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
