Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.26%.
YIELD ON COST (YOC)
1.26%
SYK now pays $3.48 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(2016-09-06) | $116.89 | 2.98% |
| 5 years ago(2021-09-14) | $275.26 | 1.26% |
| 3 years ago(2023-09-15) | $292.77 | 1.19% |
| 1 year ago(2025-09-09) | $392.76 | 0.89% |
| Buying today(at $281.50) | $281.50 | 1.26% |
Projection: starting from today's 1.26% yield, assuming the dividend keeps compounding at 7.1% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.26%
In 3 years
1.55%
In 5 years
1.78%
In 10 years
2.51%
Try your own purchase price, dividend and growth rate for Stryker Corporation (SYK).
Starting Yield
1.24%
Ending YOC
3.72%
Year 15 Dividend
$10.47
Cum. Dividends Recd.
$98.73
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.48 | N/A | 1.24% | $0.00 |
| Year 1 | $3.75 | +7.62% | 1.33% | $3.75 |
| Year 2 | $4.03 | +7.62% | 1.43% | $7.78 |
| Year 3 | $4.34 | +7.62% | 1.54% | $12.11 |
| Year 4 | $4.67 | +7.62% | 1.66% | $16.78 |
| Year 5 | $5.02 | +7.62% | 1.78% | $21.81 |
| Year 6 | $5.41 | +7.62% | 1.92% | $27.21 |
| Year 7 | $5.82 | +7.62% | 2.07% | $33.03 |
| Year 8 | $6.26 | +7.62% | 2.22% | $39.29 |
| Year 9 | $6.74 | +7.62% | 2.39% | $46.03 |
| Year 10 | $7.25 | +7.62% | 2.58% | $53.29 |
| Year 11 | $7.81 | +7.62% | 2.77% | $61.09 |
| Year 12 | $8.40 | +7.62% | 2.98% | $69.49 |
| Year 13 | $9.04 | +7.62% | 3.21% | $78.53 |
| Year 14 | $9.73 | +7.62% | 3.46% | $88.26 |
| Year 15 | $10.47 | +7.62% | 3.72% | $98.73 |
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
