NewLake Capital Partners, Inc. (OTCMKTS:NLCP) Declares Quarterly Dividend of $0.43

NewLake Capital Partners, Inc. (OTCMKTS:NLCPGet Free Report) announced a quarterly dividend on Sunday, September 14th, RTT News reports. Stockholders of record on Tuesday, September 30th will be paid a dividend of 0.43 per share on Wednesday, October 15th. This represents a c) annualized dividend and a dividend yield of 12.5%.

NewLake Capital Partners Price Performance

Shares of OTCMKTS:NLCP opened at $13.80 on Monday. The stock’s 50-day moving average is $13.93 and its 200-day moving average is $14.34. NewLake Capital Partners has a 52-week low of $12.08 and a 52-week high of $21.46.

About NewLake Capital Partners

(Get Free Report)

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.

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Dividend History for NewLake Capital Partners (OTCMKTS:NLCP)

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