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NewLake Capital Partners (NewLake Capital Partners) Forward Dividend Yield % : 8.24% (As of May. 06, 2024)


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What is NewLake Capital Partners Forward Dividend Yield %?

As of today (2024-05-06), the Forward Annual Dividend Yield of NewLake Capital Partners is 8.24%.

As of today (2024-05-06), the Trailing Annual Dividend Yield of NewLake Capital Partners is 7.99%.

NLCP's Forward Dividend Yield % is ranked better than
59.01% of 827 companies
in the REITs industry
Industry Median: 7.3 vs NLCP: 8.24

NewLake Capital Partners's Dividends per Share for the three months ended in Dec. 2023 was $0.40.

During the past 12 months, NewLake Capital Partners's average Dividends Per Share Growth Rate was 9.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of NewLake Capital Partners's Forward Dividend Yield %

For the REIT - Specialty subindustry, NewLake Capital Partners's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NewLake Capital Partners's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NewLake Capital Partners's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where NewLake Capital Partners's Forward Dividend Yield % falls into.



NewLake Capital Partners Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

NewLake Capital Partners Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4100002024-03-272024-03-292024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4000002023-12-282023-12-292024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.3900002023-09-282023-09-292023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.3900002023-06-292023-06-302023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

NewLake Capital Partners's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.64/19.90
=8.24 %

Current Share Price is $19.90.
NewLake Capital Partners's Dividends per Share for the forward twelve months is calculated as $0.41 * 4 = $1.64.

NewLake Capital Partners's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.59/19.90
=7.99 %

Current Share Price is $19.90.
NewLake Capital Partners's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.59.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NewLake Capital Partners  (OTCPK:NLCP) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


NewLake Capital Partners Forward Dividend Yield % Related Terms

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NewLake Capital Partners (NewLake Capital Partners) Business Description

Traded in Other Exchanges
N/A
Address
50 Locust Avenue, First Floor, New Canaan, CT, USA, 06840
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, third-party purchases, and funding for build-to-suit projects.
Executives
David L. Weinstein director, officer: Chief Executive Officer 62 BEACH STREET, APT. 5F, NEW YORK NY 10013
Peter A. Kadens director C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVE STE 250, CYPRESS CA 90630
Peter Wiser Martay director C/O NEWLAKE CAPITAL PARTNERS, INC., 300 575 LEXINGTON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Lisa Meyer officer: CFO, Treasurer and Secretary C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Anthony Coniglio director, officer: See Remarks 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Gordon F Dugan director 50 ROCKEFELLER PLZ, 2ND FLOOR, NEW YORK NY 10020
Fredric S. Starker officer: See Remarks 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Alan Jeffrey Carr director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Joyce Johnson director 8251 S LUELLA AVENUE, CHICAGO IL 60617