NewLake Capital Partners, Inc. (NLCP) To Go Ex-Dividend on March 31st

NewLake Capital Partners, Inc. (OTCMKTS:NLCP) declared a quarterly dividend on Tuesday, March 4th, NASDAQ Dividends reports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.43 per share on Tuesday, April 15th. This represents a $1.72 annualized dividend and a yield of 11.37%. The ex-dividend date is Monday, March 31st.

NewLake Capital Partners Stock Performance

OTCMKTS:NLCP opened at $15.13 on Friday. The firm has a 50-day simple moving average of $15.87 and a 200-day simple moving average of $17.82. NewLake Capital Partners has a one year low of $14.90 and a one year high of $21.46.

NewLake Capital Partners Company Profile

NewLake Capital Partners, Inc is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions and third-party purchases and funding for build-to-suit projects. NewLake owns a portfolio of 31 properties comprised of 14 cultivation facilities and 17 dispensaries that are leased to single tenants on a triple-net basis.