Basis: Latest reported fiscal year. 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%
TRN now pays $1.22 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(2016-07-26) | $15.32 | 7.96% |
| 5 years ago(2021-07-22) | $25.89 | 4.71% |
| 3 years ago(2023-07-25) | $25.74 | 4.74% |
| 1 year ago(2025-07-29) | $25.29 | 4.82% |
| Buying today(at $38.07) | $38.07 | 3.20% |
Projection: starting from today's 3.20% yield, assuming the dividend keeps compounding at its historical 9.6% rate. Boards set dividends each year, so actual figures will differ.
Today
3.20%
In 3 years
4.58%
In 5 years
5.81%
In 10 years
10.52%
Try your own purchase price, dividend and growth rate for Trinity Industries, Inc. (TRN).
Starting Yield
3.20%
Ending YOC
12.62%
Year 15 Dividend
$4.81
Cum. Dividends Recd.
$41.05
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.22 | N/A | 3.20% | $0.00 |
| Year 1 | $1.34 | +9.57% | 3.51% | $1.34 |
| Year 2 | $1.46 | +9.57% | 3.85% | $2.80 |
| Year 3 | $1.60 | +9.57% | 4.22% | $4.41 |
| Year 4 | $1.76 | +9.57% | 4.62% | $6.16 |
| Year 5 | $1.93 | +9.57% | 5.06% | $8.09 |
| Year 6 | $2.11 | +9.57% | 5.55% | $10.20 |
| Year 7 | $2.31 | +9.57% | 6.08% | $12.52 |
| Year 8 | $2.53 | +9.57% | 6.66% | $15.05 |
| Year 9 | $2.78 | +9.57% | 7.29% | $17.83 |
| Year 10 | $3.04 | +9.57% | 7.99% | $20.87 |
| Year 11 | $3.33 | +9.57% | 8.76% | $24.20 |
| Year 12 | $3.65 | +9.57% | 9.60% | $27.86 |
| Year 13 | $4.00 | +9.57% | 10.51% | $31.86 |
| Year 14 | $4.39 | +9.57% | 11.52% | $36.25 |
| Year 15 | $4.81 | +9.57% | 12.62% | $41.05 |
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
