Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 3.09%.
YIELD ON COST (YOC)
3.09%
TM now pays $6.00 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(2016-08-30) | $121.24 | 4.95% |
| 5 years ago(2021-08-26) | $171.59 | 3.50% |
| 3 years ago(2023-08-29) | $167.39 | 3.58% |
| 1 year ago(2025-09-03) | $193.01 | 3.11% |
| Buying today(at $196.54) | $196.54 | 3.09% |
Projection: starting from today's 3.09% yield, assuming the dividend keeps compounding at its historical 8.3% rate. Boards set dividends each year, so actual figures will differ.
Today
3.09%
In 3 years
4.29%
In 5 years
5.35%
In 10 years
9.26%
Try your own purchase price, dividend and growth rate for Toyota Motor Corporation (TM).
Starting Yield
3.05%
Ending YOC
10.14%
Year 15 Dividend
$19.92
Cum. Dividends Recd.
$181.08
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $6.00 | N/A | 3.05% | $0.00 |
| Year 1 | $6.50 | +8.33% | 3.31% | $6.50 |
| Year 2 | $7.04 | +8.33% | 3.58% | $13.54 |
| Year 3 | $7.63 | +8.33% | 3.88% | $21.17 |
| Year 4 | $8.26 | +8.33% | 4.20% | $29.43 |
| Year 5 | $8.95 | +8.33% | 4.55% | $38.38 |
| Year 6 | $9.70 | +8.33% | 4.93% | $48.08 |
| Year 7 | $10.50 | +8.33% | 5.34% | $58.59 |
| Year 8 | $11.38 | +8.33% | 5.79% | $69.97 |
| Year 9 | $12.33 | +8.33% | 6.27% | $82.29 |
| Year 10 | $13.35 | +8.33% | 6.79% | $95.65 |
| Year 11 | $14.47 | +8.33% | 7.36% | $110.12 |
| Year 12 | $15.67 | +8.33% | 7.97% | $125.79 |
| Year 13 | $16.98 | +8.33% | 8.64% | $142.77 |
| Year 14 | $18.39 | +8.33% | 9.36% | $161.16 |
| Year 15 | $19.92 | +8.33% | 10.14% | $181.08 |
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
