Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 4.86%.
YIELD ON COST (YOC)
4.86%
NNN now pays $2.40 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(2016-07-19) | $51.64 | 4.65% |
| 5 years ago(2021-07-27) | $49.75 | 4.82% |
| 3 years ago(2023-07-28) | $42.82 | 5.60% |
| 1 year ago(2025-07-22) | $43.35 | 5.54% |
| Buying today(at $49.38) | $49.38 | 4.86% |
Projection: starting from today's 4.86% yield, assuming the dividend keeps compounding at its historical 2.7% rate. Boards set dividends each year, so actual figures will differ.
Today
4.86%
In 3 years
5.46%
In 5 years
5.90%
In 10 years
7.17%
Try your own purchase price, dividend and growth rate for NNN REIT, Inc. (NNN).
Starting Yield
4.86%
Ending YOC
7.21%
Year 15 Dividend
$3.56
Cum. Dividends Recd.
$44.70
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.40 | N/A | 4.86% | $0.00 |
| Year 1 | $2.46 | +2.66% | 4.99% | $2.46 |
| Year 2 | $2.53 | +2.66% | 5.12% | $4.99 |
| Year 3 | $2.60 | +2.66% | 5.26% | $7.59 |
| Year 4 | $2.67 | +2.66% | 5.40% | $10.26 |
| Year 5 | $2.74 | +2.66% | 5.54% | $12.99 |
| Year 6 | $2.81 | +2.66% | 5.69% | $15.80 |
| Year 7 | $2.88 | +2.66% | 5.84% | $18.69 |
| Year 8 | $2.96 | +2.66% | 6.00% | $21.65 |
| Year 9 | $3.04 | +2.66% | 6.16% | $24.69 |
| Year 10 | $3.12 | +2.66% | 6.32% | $27.81 |
| Year 11 | $3.20 | +2.66% | 6.49% | $31.01 |
| Year 12 | $3.29 | +2.66% | 6.66% | $34.30 |
| Year 13 | $3.38 | +2.66% | 6.84% | $37.68 |
| Year 14 | $3.47 | +2.66% | 7.02% | $41.14 |
| Year 15 | $3.56 | +2.66% | 7.21% | $44.70 |
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
