NewLake Capital Partners Inc

NewLake Capital Partners Inc NLCP

Dividend Summary

The next NewLake Capital Partners Inc dividend is expected to go ex in 26 days and to be paid in 1 month.
The previous NewLake Capital Partners Inc dividend was 37c and it went ex 2 months ago and it was paid 2 months ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.2.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 37c Sign Up Required
Declaration date 16 Sep 2022 (Fri) 15 Dec 2022 (Thu)
Ex-div date 29 Sep 2022 (Thu) 29 Dec 2022 (Thu)
Pay date 14 Oct 2022 (Fri) 13 Jan 2023 (Fri)

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Forecast Accuracy
We have not made any dividend predictions for NewLake Capital Partners Inc
Dividend Yield Today
10.3%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for NewLake Capital Partners Inc
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 12 Dec 2024 26 Dec 2024 10 Jan 2025 USD Sign up
Forecast Quarterly 13 Sep 2024 26 Sep 2024 11 Oct 2024 USD Sign up
Forecast Quarterly 12 Jun 2024 26 Jun 2024 12 Jul 2024 USD Sign up
Forecast Quarterly 12 Mar 2024 27 Mar 2024 11 Apr 2024 USD Sign up
Forecast Quarterly 14 Dec 2023 28 Dec 2023 12 Jan 2024 USD Sign up
Forecast Quarterly 15 Sep 2023 28 Sep 2023 13 Oct 2023 USD Sign up
Forecast Quarterly 14 Jun 2023 28 Jun 2023 14 Jul 2023 USD Sign up
Forecast Quarterly 14 Mar 2023 29 Mar 2023 13 Apr 2023 USD Sign up
Forecast Quarterly 15 Dec 2022 29 Dec 2022 13 Jan 2023 USD Sign up
Paid Quarterly 16 Sep 2022 29 Sep 2022 14 Oct 2022 USD 37c
Paid Quarterly 15 Jun 2022 29 Jun 2022 15 Jul 2022 USD 35c
Paid Quarterly 15 Mar 2022 30 Mar 2022 14 Apr 2022 USD 33c
Paid Quarterly 16 Dec 2021 30 Dec 2021 14 Jan 2022 USD 31c
Paid Quarterly 15 Sep 2021 29 Sep 2021 15 Oct 2021 USD 12c
Year Amount Change
2006 0.0c
2007 0.0c
0%
2008 0.0c
0%
2009 0.0c
0%
2010 0.0c
0%
2011 0.0c
0%
2012 0.0c
0%
2013 0.0c
0%
2014 0.0c
0%
2015 0.0c
0%
2016 0.0c
0%
2017 0.0c
0%
2018 0.0c
0%
2019 0.0c
0%
2020 0.0c
0%
2021 43.0c
100%
2022 Sign Up Required
2023 Sign Up Required
2024 Sign Up Required

NewLake Capital Partners Inc Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
10.3%
Optimized Yield
Sign Up Required
52 Week High
0.0% on  
52 Week Low
0.0% on  
Next Ex-Div-Date Countdown
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About NewLake Capital Partners Inc

NewLake Capital Partners, Inc. is a provider of real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases and funding for build-to-suit projects. The Company's properties are leased to single tenants on a long-term, triple-net basis, which obligates the tenant to be responsible for the ongoing expenses of a property, in addition to its rent obligations. The Company supplies real estate capital primarily to companies that cultivate, produce and/or dispense cannabis. The Company owns a geographically diversified portfolio consisting of approximately 28 properties across 11 states with over nine tenants, comprised of approximately seven dispensaries and 11 cultivation facilities. Its properties are in Arizona, Arkansas, California, Connecticut, Florida, Illinois, Massachusetts, Missouri, North Dakota, Ohio and Pennsylvania.

Sector
Real Estate Investment & Services
Country
United States
Share Price
$13.76 (price on 14 Oct 2022)
Shares in Issue
21 million
Market Cap
$294mn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
1.2
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
1
Market Indices
none
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