Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 5.71%.
YIELD ON COST (YOC)
5.71%
UPS now pays $6.56 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(2016-07-22) | $110.36 | 5.94% |
| 5 years ago(2021-07-26) | $209.86 | 3.13% |
| 3 years ago(2023-07-27) | $186.52 | 3.52% |
| 1 year ago(2025-07-22) | $101.14 | 6.49% |
| Buying today(at $114.79) | $114.79 | 5.71% |
Projection: starting from today's 5.71% yield, assuming the dividend keeps compounding at its historical 10.2% rate. Boards set dividends each year, so actual figures will differ.
Today
5.71%
In 3 years
9.19%
In 5 years
12.61%
In 10 years
27.83%
Try your own purchase price, dividend and growth rate for United Parcel Service, Inc. (UPS).
Starting Yield
5.71%
Ending YOC
24.46%
Year 15 Dividend
$28.08
Cum. Dividends Recd.
$232.95
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $6.56 | N/A | 5.71% | $0.00 |
| Year 1 | $7.23 | +10.18% | 6.30% | $7.23 |
| Year 2 | $7.96 | +10.18% | 6.94% | $15.19 |
| Year 3 | $8.77 | +10.18% | 7.64% | $23.97 |
| Year 4 | $9.67 | +10.18% | 8.42% | $33.63 |
| Year 5 | $10.65 | +10.18% | 9.28% | $44.28 |
| Year 6 | $11.74 | +10.18% | 10.22% | $56.02 |
| Year 7 | $12.93 | +10.18% | 11.26% | $68.95 |
| Year 8 | $14.25 | +10.18% | 12.41% | $83.20 |
| Year 9 | $15.70 | +10.18% | 13.67% | $98.90 |
| Year 10 | $17.30 | +10.18% | 15.07% | $116.19 |
| Year 11 | $19.06 | +10.18% | 16.60% | $135.25 |
| Year 12 | $21.00 | +10.18% | 18.29% | $156.24 |
| Year 13 | $23.13 | +10.18% | 20.15% | $179.38 |
| Year 14 | $25.49 | +10.18% | 22.20% | $204.87 |
| Year 15 | $28.08 | +10.18% | 24.46% | $232.95 |
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
