NewLake Capital Partners Inc

NewLake Capital Partners Inc NLCP

Dividend Summary

The next NewLake Capital Partners Inc dividend is expected to go ex in 2 months and to be paid in 3 months.
The previous NewLake Capital Partners Inc dividend was 41c and it went ex 1 month ago and it was paid 11 days 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 41c Sign Up Required
Declaration date 08 Mar 2024 (Fri) 13 Jun 2024 (Thu)
Ex-div date 27 Mar 2024 (Wed) 28 Jun 2024 (Fri)
Pay date 15 Apr 2024 (Mon) 12 Jul 2024 (Fri)

Enter the number of NewLake Capital Partners Inc shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
98%
Our premium tools have predicted NewLake Capital Partners Inc with 98% accuracy.
Dividend Yield Today
12.0%
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 10 Dec 2026 28 Dec 2026 08 Jan 2027 USD Sign up
Forecast Quarterly 14 Sep 2026 25 Sep 2026 09 Oct 2026 USD Sign up
Forecast Quarterly 11 Jun 2026 26 Jun 2026 10 Jul 2026 USD Sign up
Forecast Quarterly 06 Mar 2026 25 Mar 2026 13 Apr 2026 USD Sign up
Forecast Quarterly 11 Dec 2025 26 Dec 2025 09 Jan 2026 USD Sign up
Forecast Quarterly 15 Sep 2025 26 Sep 2025 10 Oct 2025 USD Sign up
Forecast Quarterly 12 Jun 2025 27 Jun 2025 11 Jul 2025 USD Sign up
Forecast Quarterly 07 Mar 2025 26 Mar 2025 14 Apr 2025 USD Sign up
Forecast Quarterly 12 Dec 2024 27 Dec 2024 10 Jan 2025 USD Sign up
Forecast Quarterly 16 Sep 2024 27 Sep 2024 11 Oct 2024 USD Sign up
Forecast Quarterly 13 Jun 2024 28 Jun 2024 12 Jul 2024 USD Sign up
Paid Quarterly 08 Mar 2024 27 Mar 2024 15 Apr 2024 USD 40c 41c 😃
Paid Quarterly 14 Dec 2023 28 Dec 2023 12 Jan 2024 USD 39c 40c 😃
Paid Quarterly 18 Sep 2023 28 Sep 2023 13 Oct 2023 USD 39c 39c 😄
Paid Quarterly 15 Jun 2023 29 Jun 2023 14 Jul 2023 USD 38c 39c 😃
Paid Quarterly 08 Mar 2023 30 Mar 2023 14 Apr 2023 USD 38c 39c 😃
Paid Quarterly 16 Dec 2022 29 Dec 2022 13 Jan 2023 USD 37c 39c 😊
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 144.0c
234.9%
2023 157.0c
9.0%
2024 Sign Up Required
2025 Sign Up Required
2026 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
12.0%
Optimized Yield
Sign Up Required
52 Week High
0.0% on  
52 Week Low
0.0% on  
Next Ex-Div-Date Countdown
Sign Up Required

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 15 Apr 2024)
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
3
Market Indices
none
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