Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 7.68%.
YIELD ON COST (YOC)
7.68%
NAD now pays $0.85 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) | $14.92 | 5.70% |
| 5 years ago(2021-09-07) | $16.25 | 5.23% |
| 3 years ago(2023-09-08) | $10.65 | 7.98% |
| 1 year ago(2025-09-12) | $11.78 | 7.22% |
| Buying today(at $10.13) | $10.13 | 7.68% |
Projection: starting from today's 7.68% yield, assuming the dividend keeps compounding at 5.4% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
7.68%
In 3 years
8.98%
In 5 years
9.97%
In 10 years
12.94%
Try your own purchase price, dividend and growth rate for Nuveen Quality Municipal Income Fund (NAD).
Starting Yield
8.40%
Ending YOC
20.70%
Year 15 Dividend
$2.10
Cum. Dividends Recd.
$21.33
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.85 | N/A | 8.40% | $0.00 |
| Year 1 | $0.90 | +6.20% | 8.92% | $0.90 |
| Year 2 | $0.96 | +6.20% | 9.47% | $1.86 |
| Year 3 | $1.02 | +6.20% | 10.06% | $2.88 |
| Year 4 | $1.08 | +6.20% | 10.68% | $3.96 |
| Year 5 | $1.15 | +6.20% | 11.34% | $5.11 |
| Year 6 | $1.22 | +6.20% | 12.04% | $6.33 |
| Year 7 | $1.30 | +6.20% | 12.79% | $7.62 |
| Year 8 | $1.38 | +6.20% | 13.58% | $9.00 |
| Year 9 | $1.46 | +6.20% | 14.43% | $10.46 |
| Year 10 | $1.55 | +6.20% | 15.32% | $12.01 |
| Year 11 | $1.65 | +6.20% | 16.27% | $13.66 |
| Year 12 | $1.75 | +6.20% | 17.28% | $15.41 |
| Year 13 | $1.86 | +6.20% | 18.35% | $17.27 |
| Year 14 | $1.97 | +6.20% | 19.49% | $19.24 |
| Year 15 | $2.10 | +6.20% | 20.70% | $21.33 |
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
