Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.48%.
YIELD ON COST (YOC)
4.48%
UDR now pays $1.59 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(2016-09-07) | $36.75 | 4.33% |
| 5 years ago(2021-09-15) | $53.65 | 2.96% |
| 3 years ago(2023-09-06) | $39.07 | 4.07% |
| 1 year ago(2025-09-10) | $38.19 | 4.16% |
| Buying today(at $35.12) | $35.12 | 4.48% |
Projection: starting from today's 4.48% yield, assuming the dividend keeps compounding at -6.3% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.48%
In 3 years
3.68%
In 5 years
3.22%
In 10 years
2.32%
Try your own purchase price, dividend and growth rate for UDR, Inc. (UDR).
Starting Yield
4.53%
Ending YOC
2.30%
Year 15 Dividend
$0.81
Cum. Dividends Recd.
$16.94
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.59 | N/A | 4.53% | $0.00 |
| Year 1 | $1.52 | -4.41% | 4.33% | $1.52 |
| Year 2 | $1.45 | -4.41% | 4.14% | $2.97 |
| Year 3 | $1.39 | -4.41% | 3.95% | $4.36 |
| Year 4 | $1.33 | -4.41% | 3.78% | $5.69 |
| Year 5 | $1.27 | -4.41% | 3.61% | $6.96 |
| Year 6 | $1.21 | -4.41% | 3.45% | $8.17 |
| Year 7 | $1.16 | -4.41% | 3.30% | $9.33 |
| Year 8 | $1.11 | -4.41% | 3.16% | $10.44 |
| Year 9 | $1.06 | -4.41% | 3.02% | $11.50 |
| Year 10 | $1.01 | -4.41% | 2.88% | $12.51 |
| Year 11 | $0.97 | -4.41% | 2.76% | $13.48 |
| Year 12 | $0.93 | -4.41% | 2.64% | $14.40 |
| Year 13 | $0.88 | -4.41% | 2.52% | $15.29 |
| Year 14 | $0.85 | -4.41% | 2.41% | $16.14 |
| Year 15 | $0.81 | -4.41% | 2.30% | $16.94 |
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
