Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 5.57%.
YIELD ON COST (YOC)
5.57%
VZ now pays $2.80 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) | $52.33 | 5.35% |
| 5 years ago(2021-09-09) | $54.44 | 5.14% |
| 3 years ago(2023-08-30) | $34.64 | 8.08% |
| 1 year ago(2025-09-04) | $44.18 | 6.34% |
| Buying today(at $50.41) | $50.41 | 5.57% |
Projection: starting from today's 5.57% yield, assuming the dividend keeps compounding at 1.9% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
5.57%
In 3 years
5.90%
In 5 years
6.13%
In 10 years
6.75%
Try your own purchase price, dividend and growth rate for Verizon Communications Inc. (VZ).
Starting Yield
5.55%
Ending YOC
7.42%
Year 15 Dividend
$3.74
Cum. Dividends Recd.
$49.19
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.80 | N/A | 5.55% | $0.00 |
| Year 1 | $2.85 | +1.95% | 5.66% | $2.85 |
| Year 2 | $2.91 | +1.95% | 5.77% | $5.76 |
| Year 3 | $2.97 | +1.95% | 5.89% | $8.73 |
| Year 4 | $3.02 | +1.95% | 6.00% | $11.76 |
| Year 5 | $3.08 | +1.95% | 6.12% | $14.84 |
| Year 6 | $3.14 | +1.95% | 6.24% | $17.98 |
| Year 7 | $3.21 | +1.95% | 6.36% | $21.19 |
| Year 8 | $3.27 | +1.95% | 6.48% | $24.46 |
| Year 9 | $3.33 | +1.95% | 6.61% | $27.79 |
| Year 10 | $3.40 | +1.95% | 6.74% | $31.19 |
| Year 11 | $3.46 | +1.95% | 6.87% | $34.65 |
| Year 12 | $3.53 | +1.95% | 7.00% | $38.18 |
| Year 13 | $3.60 | +1.95% | 7.14% | $41.78 |
| Year 14 | $3.67 | +1.95% | 7.28% | $45.45 |
| Year 15 | $3.74 | +1.95% | 7.42% | $49.19 |
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
