Cost of equity

I THINK ITS JUST THE DIVIDEND .....

REASON IS THAT COST OF EQUITY IS THE AMOUNT THE COMPANY PAYS TO EQUITY SHAREHOLDERS

SO THE DIVIDEND IS ACTUALLY PAID BY THE COMPANY ...AND AS FAR AS APPRECIATION IS CONCERNED COMPANY NOT PAYING ANYTHING TO APPRECIATE THE PRICE SO ITS NOT A COST (IT MAY BE A UNUSUAL WAY TO EXPLAIN BUT THIS IS THE WAY IT CAN HELP TO UNDERSTAND)

HOWEVER  WHILE CALCULATING YIELD BOTH WILL BE CONSIDERED

THANK YOU

CORRECT ME IF M WRONG