Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 7.77%.
YIELD ON COST (YOC)
7.77%
TCBIO now pays $1.44 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 |
|---|---|---|
| 5 years ago(2021-10-04) | $26.19 | 5.50% |
| 3 years ago(2023-10-05) | $16.75 | 8.60% |
| 1 year ago(2025-10-03) | $21.75 | 6.62% |
| Buying today(at $18.50) | $18.50 | 7.77% |
Projection: starting from today's 7.77% yield, assuming the dividend keeps compounding at -0.8% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
7.77%
In 3 years
7.58%
In 5 years
7.46%
In 10 years
7.17%
Try your own purchase price, dividend and growth rate for Texas Capital Bancshares, Inc. (TCBIO).
Starting Yield
7.78%
Ending YOC
24.69%
Year 15 Dividend
$4.57
Cum. Dividends Recd.
$42.23
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.44 | N/A | 7.78% | $0.00 |
| Year 1 | $1.56 | +8.00% | 8.41% | $1.56 |
| Year 2 | $1.68 | +8.00% | 9.08% | $3.23 |
| Year 3 | $1.81 | +8.00% | 9.81% | $5.05 |
| Year 4 | $1.96 | +8.00% | 10.59% | $7.01 |
| Year 5 | $2.12 | +8.00% | 11.44% | $9.12 |
| Year 6 | $2.29 | +8.00% | 12.35% | $11.41 |
| Year 7 | $2.47 | +8.00% | 13.34% | $13.88 |
| Year 8 | $2.67 | +8.00% | 14.41% | $16.54 |
| Year 9 | $2.88 | +8.00% | 15.56% | $19.42 |
| Year 10 | $3.11 | +8.00% | 16.80% | $22.53 |
| Year 11 | $3.36 | +8.00% | 18.15% | $25.89 |
| Year 12 | $3.63 | +8.00% | 19.60% | $29.51 |
| Year 13 | $3.92 | +8.00% | 21.17% | $33.43 |
| Year 14 | $4.23 | +8.00% | 22.86% | $37.66 |
| Year 15 | $4.57 | +8.00% | 24.69% | $42.23 |
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
