Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 5.34%.
YIELD ON COST (YOC)
5.34%
CUBE now pays $2.11 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(2016-09-14) | $26.43 | 7.98% |
| 5 years ago(2021-09-08) | $54.93 | 3.84% |
| 3 years ago(2023-09-11) | $40.86 | 5.16% |
| 1 year ago(2025-09-15) | $40.81 | 5.17% |
| Buying today(at $38.56) | $38.56 | 5.34% |
Projection: starting from today's 5.34% yield, assuming the dividend keeps compounding at 11.2% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
5.34%
In 3 years
7.34%
In 5 years
9.08%
In 10 years
15.44%
Try your own purchase price, dividend and growth rate for CubeSmart (CUBE).
Starting Yield
5.47%
Ending YOC
21.41%
Year 15 Dividend
$8.25
Cum. Dividends Recd.
$70.69
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.11 | N/A | 5.47% | $0.00 |
| Year 1 | $2.31 | +9.52% | 5.99% | $2.31 |
| Year 2 | $2.53 | +9.52% | 6.56% | $4.84 |
| Year 3 | $2.77 | +9.52% | 7.19% | $7.61 |
| Year 4 | $3.04 | +9.52% | 7.87% | $10.65 |
| Year 5 | $3.32 | +9.52% | 8.62% | $13.97 |
| Year 6 | $3.64 | +9.52% | 9.44% | $17.62 |
| Year 7 | $3.99 | +9.52% | 10.34% | $21.60 |
| Year 8 | $4.37 | +9.52% | 11.33% | $25.97 |
| Year 9 | $4.78 | +9.52% | 12.40% | $30.75 |
| Year 10 | $5.24 | +9.52% | 13.59% | $35.99 |
| Year 11 | $5.74 | +9.52% | 14.88% | $41.73 |
| Year 12 | $6.28 | +9.52% | 16.30% | $48.01 |
| Year 13 | $6.88 | +9.52% | 17.85% | $54.89 |
| Year 14 | $7.54 | +9.52% | 19.55% | $62.43 |
| Year 15 | $8.25 | +9.52% | 21.41% | $70.69 |
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
