Basis: Trailing twelve months (TTM). 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%
WABC now pays $1.88 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(2016-10-04) | $50.47 | 3.72% |
| 5 years ago(2021-09-30) | $56.26 | 3.34% |
| 3 years ago(2023-10-03) | $42.59 | 4.41% |
| 1 year ago(2025-10-07) | $47.50 | 3.96% |
| Buying today(at $58.73) | $58.73 | 3.20% |
Projection: starting from today's 3.20% yield, assuming the dividend keeps compounding at 2.4% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
3.20%
In 3 years
3.44%
In 5 years
3.61%
In 10 years
4.08%
Try your own purchase price, dividend and growth rate for Westamerica Bancorporation (WABC).
Starting Yield
3.20%
Ending YOC
4.37%
Year 15 Dividend
$2.57
Cum. Dividends Recd.
$33.44
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.88 | N/A | 3.20% | $0.00 |
| Year 1 | $1.92 | +2.10% | 3.27% | $1.92 |
| Year 2 | $1.96 | +2.10% | 3.34% | $3.88 |
| Year 3 | $2.00 | +2.10% | 3.41% | $5.88 |
| Year 4 | $2.04 | +2.10% | 3.48% | $7.92 |
| Year 5 | $2.09 | +2.10% | 3.55% | $10.01 |
| Year 6 | $2.13 | +2.10% | 3.63% | $12.14 |
| Year 7 | $2.17 | +2.10% | 3.70% | $14.31 |
| Year 8 | $2.22 | +2.10% | 3.78% | $16.53 |
| Year 9 | $2.27 | +2.10% | 3.86% | $18.80 |
| Year 10 | $2.31 | +2.10% | 3.94% | $21.11 |
| Year 11 | $2.36 | +2.10% | 4.02% | $23.48 |
| Year 12 | $2.41 | +2.10% | 4.11% | $25.89 |
| Year 13 | $2.46 | +2.10% | 4.19% | $28.35 |
| Year 14 | $2.51 | +2.10% | 4.28% | $30.87 |
| Year 15 | $2.57 | +2.10% | 4.37% | $33.44 |
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
