Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 8.26%.
YIELD ON COST (YOC)
8.26%
GOODN now pays $1.66 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 |
|---|---|---|
| 5 years ago(2021-10-05) | $26.64 | 6.23% |
| 3 years ago(2023-10-04) | $20.16 | 8.23% |
| 1 year ago(2025-10-06) | $22.25 | 7.46% |
| Buying today(at $20.37) | $20.37 | 8.26% |
Projection: starting from today's 8.26% yield, assuming the dividend keeps compounding at 0.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
8.26%
In 3 years
8.26%
In 5 years
8.26%
In 10 years
8.26%
Try your own purchase price, dividend and growth rate for Gladstone Commercial Corp Pref (GOODN).
Starting Yield
8.15%
Ending YOC
20.96%
Year 15 Dividend
$4.27
Cum. Dividends Recd.
$42.75
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.66 | N/A | 8.15% | $0.00 |
| Year 1 | $1.77 | +6.50% | 8.68% | $1.77 |
| Year 2 | $1.88 | +6.50% | 9.24% | $3.65 |
| Year 3 | $2.01 | +6.50% | 9.84% | $5.66 |
| Year 4 | $2.14 | +6.50% | 10.48% | $7.79 |
| Year 5 | $2.27 | +6.50% | 11.16% | $10.07 |
| Year 6 | $2.42 | +6.50% | 11.89% | $12.49 |
| Year 7 | $2.58 | +6.50% | 12.66% | $15.07 |
| Year 8 | $2.75 | +6.50% | 13.49% | $17.81 |
| Year 9 | $2.93 | +6.50% | 14.36% | $20.74 |
| Year 10 | $3.12 | +6.50% | 15.30% | $23.86 |
| Year 11 | $3.32 | +6.50% | 16.29% | $27.18 |
| Year 12 | $3.53 | +6.50% | 17.35% | $30.71 |
| Year 13 | $3.76 | +6.50% | 18.48% | $34.47 |
| Year 14 | $4.01 | +6.50% | 19.68% | $38.48 |
| Year 15 | $4.27 | +6.50% | 20.96% | $42.75 |
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