NLOP Dividend History & Analysis | 60.6% Yield

NLOP has a dividend yield of 60.6% and paid 12.3 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 60.62%
Payout Ratio -
Growth Rate CAGR 5y 360.18%
Consistency Lifetime 51.2%
Yield on Cost 5y 103.02%
Payout FCF 87.2%
Streak Years 1
Dividend Rating 74.63%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Diversified REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
OLP 442 M 8.57% 13.2%
PINE 262 M 6.68% 10.8%
BNL 3,450 M 6.37% 8.46%
PSTL 530 M 5.92% 8.21%
WPC 14,104 M 5.37% 7.44%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate (CAGR) Payout Consistency
LXP 2,933 M 25.6% 93.8%
EPRT 5,899 M 4.77% 100%
AAT 1,464 M 4.06% 99.0%
BNL 3,450 M 3.14% 94.8%
PSTL 530 M 2.34% 100%

Quality Dividend Peers in Diversified REITs

NLOP Dividend History: Last 4 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-01-02 2026-01-02 2026-01-20 Other 5.1 24.4% 24.52%
2025-12-04 2025-12-04 2025-12-19 Other 4.1 32.3% 16.21%
2025-08-18 2025-08-18 2025-09-03 Other 3.1 811.8% 10.34%
2023-12-15 2023-12-18 2024-01-29 Other 0.34 0% 1.75%

NLOP Dividend FAQ

Net Lease Office Properties (NYSE: NLOP) is a REIT that owns 37 single-tenant net-lease office buildings (~5.5 MM sq ft) across the U.S. and Europe, serving 41 corporate tenants and generating roughly $88 MM of annualized base rent. The firm is externally managed by affiliates of W. P. Carey (WPC), leveraging more than five decades of single-tenant office expertise to drive shareholder value through active asset management and selective disposals.

What is the Dividend Yield of NLOP?

As of January 2026, NLOP`s dividend yield is 60.62%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 12.3 USD by the current share price of 20.29.

Does NLOP pay a dividend?

As of January 2026, NLOP paid a dividend of 12.30 USD in the last 12 months. The last dividend was paid on 2026-01-02 and the payout was 5.1 USD.

How often does NLOP pay dividends?

NLOP pays dividends quarterly. Over the last 12 months, NLOP has issued 3 dividend payments. The last dividend payment was made on 2026-01-02.

NLOP dividend forecast

Based on historical data, the forecasted dividends per share for NLOP for the next 4 payments are between 4.919 (-3.5%) and 7.65 (+50.0%).
This represents a strong dividend growth compared to the last payment.

Will NLOP pay dividends in 2026?

The latest dividend paid per share was 5.1 USD with an Ex-Dividend Date of 2026-01-02. The next Ex-Dividend date for Net Lease Office (NLOP) is currently unknown.

What is the next Ex-Dividend Date for NLOP?

The next Ex-Dividend date for Net Lease Office (NLOP) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NLOP?

NLOP's average dividend growth rate over the past 5 years is 360% per year.
Strong growth: NLOP's Dividend growth is outpacing inflation.

What is the Yield on Cost of NLOP?

NLOP's 5-Year Yield on Cost is 103%. If you bought NLOP's shares at 11.94 USD five years ago, your current annual dividend income (12.3 USD per share, trailing 12 months) equals 103% of your original purchase price.

What is the Payout Consistency of NLOP?

NLOP Payout Consistency is 51.2%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very unstable: Net Lease Office has a poor track record of dividend payments over its lifetime.

Does NLOP have a good Dividend Yield?

NLOP`s 60.62% Dividend Yield is considered as exceptionally high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of NLOP?

The Dividend Payout Ratio of NLOP is unknown.

What is the Dividend Rating of NLOP?

NLOP`s Overall Dividend Rating is 74.63%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NLOP Outstanding Shares Analysis

What is the Trend in NLOP's Outstanding Shares?

Net Lease Office's outstanding shares have increased by approximately 0.66% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has NLOP ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
2021 15,000,000
2022 14,260,100 -4.93%
2023 14,620,900 +2.53%
2024 14,802,700 +1.24%
2025 14,814,100 +0.08%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-03 02:37