Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 18.97%.
YIELD ON COST (YOC)
18.97%
REFI now pays $1.88 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 |
|---|---|---|
| 3 years ago(2023-10-05) | $14.74 | 12.75% |
| 1 year ago(2025-10-03) | $12.66 | 14.85% |
| Buying today(at $9.85) | $9.85 | 18.97% |
Projection: starting from today's 18.97% yield, assuming the dividend keeps compounding at 8.8% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
18.97%
In 3 years
24.42%
In 5 years
28.91%
In 10 years
44.05%
Try your own purchase price, dividend and growth rate for Chicago Atlantic Real Estate Finance, Inc. (REFI).
Starting Yield
19.09%
Ending YOC
60.54%
Year 15 Dividend
$5.96
Cum. Dividends Recd.
$55.13
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.88 | N/A | 19.09% | $0.00 |
| Year 1 | $2.03 | +8.00% | 20.61% | $2.03 |
| Year 2 | $2.19 | +8.00% | 22.26% | $4.22 |
| Year 3 | $2.37 | +8.00% | 24.04% | $6.59 |
| Year 4 | $2.56 | +8.00% | 25.97% | $9.15 |
| Year 5 | $2.76 | +8.00% | 28.04% | $11.91 |
| Year 6 | $2.98 | +8.00% | 30.29% | $14.89 |
| Year 7 | $3.22 | +8.00% | 32.71% | $18.12 |
| Year 8 | $3.48 | +8.00% | 35.33% | $21.60 |
| Year 9 | $3.76 | +8.00% | 38.15% | $25.35 |
| Year 10 | $4.06 | +8.00% | 41.21% | $29.41 |
| Year 11 | $4.38 | +8.00% | 44.50% | $33.80 |
| Year 12 | $4.73 | +8.00% | 48.06% | $38.53 |
| Year 13 | $5.11 | +8.00% | 51.91% | $43.64 |
| Year 14 | $5.52 | +8.00% | 56.06% | $49.17 |
| Year 15 | $5.96 | +8.00% | 60.54% | $55.13 |
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
