Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 1.04%.
YIELD ON COST (YOC)
1.04%
VOO now pays $7.35 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(2016-08-31) | $199.52 | 3.68% |
| 5 years ago(2021-09-02) | $416.73 | 1.76% |
| 3 years ago(2023-09-07) | $408.83 | 1.80% |
| 1 year ago(2025-09-05) | $594.96 | 1.24% |
| Buying today(at $704.07) | $704.07 | 1.04% |
Projection: starting from today's 1.04% yield, assuming the dividend keeps compounding at 6.6% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
1.04%
In 3 years
1.26%
In 5 years
1.44%
In 10 years
2.00%
Try your own purchase price, dividend and growth rate for Vanguard S&P 500 ETF (VOO).
Starting Yield
1.04%
Ending YOC
2.47%
Year 15 Dividend
$17.42
Cum. Dividends Recd.
$180.11
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $7.35 | N/A | 1.04% | $0.00 |
| Year 1 | $7.79 | +5.92% | 1.11% | $7.79 |
| Year 2 | $8.25 | +5.92% | 1.17% | $16.03 |
| Year 3 | $8.73 | +5.92% | 1.24% | $24.77 |
| Year 4 | $9.25 | +5.92% | 1.31% | $34.02 |
| Year 5 | $9.80 | +5.92% | 1.39% | $43.82 |
| Year 6 | $10.38 | +5.92% | 1.47% | $54.19 |
| Year 7 | $10.99 | +5.92% | 1.56% | $65.19 |
| Year 8 | $11.64 | +5.92% | 1.65% | $76.83 |
| Year 9 | $12.33 | +5.92% | 1.75% | $89.17 |
| Year 10 | $13.06 | +5.92% | 1.86% | $102.23 |
| Year 11 | $13.84 | +5.92% | 1.97% | $116.07 |
| Year 12 | $14.66 | +5.92% | 2.08% | $130.72 |
| Year 13 | $15.52 | +5.92% | 2.20% | $146.25 |
| Year 14 | $16.44 | +5.92% | 2.34% | $162.69 |
| Year 15 | $17.42 | +5.92% | 2.47% | $180.11 |
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