Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.36%.
YIELD ON COST (YOC)
4.36%
ADC now pays $3.16 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(2016-09-07) | $48.89 | 6.46% |
| 5 years ago(2021-09-15) | $71.42 | 4.42% |
| 3 years ago(2023-09-06) | $60.31 | 5.24% |
| 1 year ago(2025-09-10) | $71.97 | 4.39% |
| Buying today(at $71.49) | $71.49 | 4.36% |
Projection: starting from today's 4.36% yield, assuming the dividend keeps compounding at 4.3% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
4.36%
In 3 years
4.94%
In 5 years
5.38%
In 10 years
6.64%
Try your own purchase price, dividend and growth rate for Agree Realty Corporation (ADC).
Starting Yield
4.42%
Ending YOC
9.29%
Year 15 Dividend
$6.64
Cum. Dividends Recd.
$72.09
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.16 | N/A | 4.42% | $0.00 |
| Year 1 | $3.32 | +5.08% | 4.64% | $3.32 |
| Year 2 | $3.49 | +5.08% | 4.88% | $6.81 |
| Year 3 | $3.67 | +5.08% | 5.13% | $10.48 |
| Year 4 | $3.85 | +5.08% | 5.39% | $14.33 |
| Year 5 | $4.05 | +5.08% | 5.66% | $18.38 |
| Year 6 | $4.25 | +5.08% | 5.95% | $22.63 |
| Year 7 | $4.47 | +5.08% | 6.25% | $27.10 |
| Year 8 | $4.70 | +5.08% | 6.57% | $31.80 |
| Year 9 | $4.94 | +5.08% | 6.90% | $36.73 |
| Year 10 | $5.19 | +5.08% | 7.26% | $41.92 |
| Year 11 | $5.45 | +5.08% | 7.62% | $47.37 |
| Year 12 | $5.73 | +5.08% | 8.01% | $53.10 |
| Year 13 | $6.02 | +5.08% | 8.42% | $59.12 |
| Year 14 | $6.32 | +5.08% | 8.85% | $65.44 |
| Year 15 | $6.64 | +5.08% | 9.29% | $72.09 |
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
