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NewLake Capital Partners, Inc. Stock Dividends Overview

NLCP pays dividends quarterly. Last paid amount was $0.410 at Apr 15, 2024. As of today, dividend yield (TTM) is 10.34%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 10.34%
Frequency Quarterly
1Y Growth 5.13%
Payout Ratio 0
Amount Per Share $0.410
NewLake Capital Partners, Inc. has not yet announced its next dividend date. Last payment date was: Apr 15, 2024.

NLCP Dividend Payout History

To ensure a understanding of NLCP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Apr 15, 2024 $0.410 2.24%
2 Dec 14, 2023 Dec 28, 2023 Jan 12, 2024 $0.400 2.38%
3 Sep 18, 2023 Sep 28, 2023 Oct 13, 2023 $0.390 3.02%
4 Jun 15, 2023 Jun 29, 2023 Jul 14, 2023 $0.390 2.70%
5 Mar 08, 2023 Mar 30, 2023 Apr 14, 2023 $0.390 3.18%
6 Dec 29, 2022 Dec 29, 2022 Jan 13, 2023 $0.390 2.33%
7 Sep 29, 2022 Sep 29, 2022 Sep 29, 2022 $0.370 2.80%
8 Jun 29, 2022 Jun 29, 2022 Jun 29, 2022 $0.350 1.85%
9 Mar 30, 2022 Mar 30, 2022 Mar 30, 2022 $0.330 1.30%
10 Dec 30, 2021 Dec 30, 2021 Dec 30, 2021 $0.310 1.08%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (71.96%)

Growth potential

Decrease likely (20.55%)

NLCP Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from NLCP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NLCP stock here.

Comparing NLCP to Sector and Country

NLCP pays a solid dividend yield of 10.34%, which is higher than the average of the bottom 25% of dividend payers in the US market (2.05%). NLCP’s dividend yield is lower than the average of the top 25% of dividend payers in the Real Estate sector in the US market (12.39%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of NLCP's dividend payments?
The amount of NLCP's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in NLCP sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NLCP stock be automatically reinvested?
If NLCP offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy NLCP stock.

How often does NLCP pay dividend?
NewLake Capital Partners, Inc. (NLCP) pays dividends quarterly. The most recent payout was on Apr 15, 2024.

How much does NLCP pays per share?
The last recorder (Mar 27, 2024) dividend per share was $0.410.

What is NLCP dividend growth rate?
Over the last year, NewLake Capital Partners, Inc. has witnessed growth rate of 5.13% . Looking back over the past 3 years, this growth rate has been 50.61%. Furthermore, examining the past 5 years, NewLake Capital Partners, Inc. has maintained an average Dividends Per Share Growth Rate of 27.86%.
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About NewLake Capital Partners, Inc.

NewLake Capital Partners. NewLake Capital Partners is a leading provider of real estate capital to state-licensed cannabis operators. Founded in 2019, it is a triple-net lease REIT that acquires industrial and retail properties through sale-leaseback transactions, third-party purchases and build-to-suit projects. Its tenants are some of the leading operators in the U.S. state-licensed cannabis industry and it is a trusted partner for their real estate needs.... NLCP Profile

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