Trailing Dividend / Share
$7.20
Net Lease Office Properties (NLOP) Dividend History
Income profile from 2023 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
64.2%
Payout Ratio
N/A
Unknown
Dividend Streak
1 years
NLOP Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 37.1% and trend is unknown.
NLOP Dividend Scorecard
Yield & Income
Dividend Yield64.2%
Trailing DPS$7.20
FrequencyQuarterly
Payments / 12M5
Payout Safety
Earnings PayoutN/A
Earnings SafetyUnknown
FCF Payout189.7%
FCF SafetyStretched
Piotroski F-Score6/9
Growth
Growth Streak1 years
3Y CAGRN/A
5Y CAGRN/A
Yield on Cost (5Y)37.1%
YOC Trendunknown
Total Returns
Buyback Yield0.0%
Total Shareholder Yield64.2%
1Y Total Return0.8%
5Y Total Return74.9%
Div Contribution (5Y)117.0%
Estimated $10K growth (return + dividends):
5Y ago$17,49010Y ago$17,49020Y ago$17,490
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
NLOP Income Growth Story
Dividend per share and yield on cost over time (3 years of payments)
NLOP Dividend Safety Story
EPS is the container — dividend is what's drawn out
Get NLOP's next ex-dividend date and payout in your inbox
Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Net Lease Office Properties has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 189.7%, rated "Stretched".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
NLOP has raised its dividend for 1 consecutive year.
Total Shareholder Returns
Beyond cash dividends, NLOP returns capital through share repurchases. The combined picture: 64.2% dividend yield, 64.2% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 37.1% and is currently unknown. The 5-year total return is 74.9%, with dividends contributing 117.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $17,490 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
NLOP Recent Dividend Payments
Last 6 payments · Quarterly
TTM Total$22.69
Avg/Payment$3.7817
Latest Change-51.1%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 30, 2026Latest | $3.3000 | ↓ -51.1% | 197.79% | Apr 14, 2026 |
| Feb 18, 2026 | $6.7500 | ↑ +32.4% | 145.75% | — |
| Jan 2, 2026 | $5.1000 | ↑ +24.4% | 59.05% | Jan 20, 2026 |
| Dec 4, 2025 | $4.1000 | ↑ +32.3% | 28.65% | Dec 19, 2025 |
| Aug 18, 2025 | $3.1000 | ↑ +811.8% | 10.26% | Sep 3, 2025 |
| Dec 15, 2023 | $0.3400 | — | 1.91% | Jan 29, 2024 |
NLOP Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
64.2%
#1 of 9
Safety
Unknown
— payout
Streak
1Y
— 5Y CAGR
Total Shareholder
64.2%
#1 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st NLOPNet Lease Office Pro… | $166M | 64.2% | — | 1 | Unknown |
 WPCW. P. Carey Inc. | $16.1B | 4.9% | 1.7% | 1 | Sustainable |
 NNNNNN REIT, Inc. | $9.0B | 5.0% | 1.1% | 36 | Sustainable |
 EPRTEssential Properties… | $6.6B | 3.8% | 92.5% | 8 | At Risk |
 ADCAgree Realty Corpora… | $9.2B | 4.0% | 1.7% | 13 | Sustainable |
 NTSTNETSTREIT Corp. | $2.1B | 3.9% | 10.2% | 3 | Sustainable |
 FCPTFour Corners Propert… | $2.8B | 5.5% | 1.3% | 7 | Sustainable |
3rd  BXPBXP, Inc. | $10.7B | 6.0% | 2.3% | 0 | Sustainable |
2nd  HIWHighwoods Properties… | $3.3B | 6.5% | 1.4% | 0 | Sustainable |
NLOP Annual Dividend History (2020–2026)
7 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $15.15 | — | 3 | — | — | — | 78.1% |
| 2025 | $7.20 | — | 2 | $-9.81 | — | — | 37.1% |
| 2024 | $0.00 | -100.0% | 0 | $-6.18 | — | — | — |
| 2023 | $0.34 | — | 1 | $-9.00 | — | — | 1.8% |
| 2022 | $0.00 | — | 0 | $1.11 | — | — | — |
| 2021 | $0.00 | — | 0 | $1.73 | — | — | — |
| 2020 | $0.00 | — | 0 | $1.12 | — | — | — |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
3+ years return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
NLOP — Frequently Asked Questions
Quick answers to the most common questions about buying NLOP stock.
How much dividend does NLOP pay per share?
Net Lease Office Properties (NLOP) pays a trailing 12-month dividend of $7.20 per share, with a current dividend yield of +64.2%. Payments are made Quarterly.
When is NLOP's next ex-dividend date?
NLOP's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NLOP typically pays dividends Quarterly.
Is NLOP's dividend safe?
NLOP's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +189.7%. The 1-year growth streak provides moderate confidence.
How many years has NLOP increased its dividend?
NLOP has 1 consecutive years of dividend growth. The 5-year dividend CAGR is N/A.
How often does NLOP pay dividends?
Net Lease Office Properties pays dividends Quarterly. The trailing 12-month total is $7.20 per share. Dividend data on this page covers 3+ years from 2023 to 2026.
How much would $10,000 invested in NLOP grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NLOP five years ago would be worth approximately $17,490 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NLOP's yield on cost for long-term holders?
NLOP's yield on cost — the current dividend divided by the original purchase price — is +37.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +64.2% market yield, thanks to the lower original cost basis.