NewLake Capital Partners (NewLake Capital Partners) Dividend Payout Ratio : 1.21 (As of Dec. 2023)

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What is NewLake Capital Partners Dividend Payout Ratio?

NewLake Capital Partners's dividend payout ratio for the months ended in Dec. 2023 was 1.21.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of NewLake Capital Partners Inc is 1.37, which seems too high.

The historical rank and industry rank for NewLake Capital Partners's Dividend Payout Ratio or its related term are showing as below:

NLCP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.35 Max: 1.4
Current: 1.37

During the past 4 years, the highest Dividend Payout Ratio of NewLake Capital Partners was 1.40. The lowest was 0.66. And the median was 1.35.

NLCP's Dividend Payout Ratio is ranked worse than
69.95% of 559 companies
in the REITs industry
Industry Median: 1.01 vs NLCP: 1.37

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

During the past 4 years, the highest Trailing Annual Dividend Yield of NewLake Capital Partners was 12.42%. The lowest was 0.38%. And the median was 8.49%.

NewLake Capital Partners's Dividends per Share for the 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.

NewLake Capital Partners Dividend Payout Ratio Historical Data

The historical data trend for NewLake Capital Partners's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

NewLake Capital Partners Dividend Payout Ratio Chart

NewLake Capital Partners Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.66

1.40

1.35

NewLake Capital Partners Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial										1.26	1.44	1.44	1.39	1.21

Competitive Comparison of NewLake Capital Partners's Dividend Payout Ratio

For the REIT - Specialty subindustry, NewLake Capital Partners's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the REITs Industry

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

* The bar in red indicates where NewLake Capital Partners's Dividend Payout Ratio falls into.

NewLake Capital Partners Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

NewLake Capital Partners's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.57	/	1.16
	=	1.35

NewLake Capital Partners's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.4	/	0.33
	=	1.21

NewLake Capital Partners (OTCPK:NLCP) Dividend Payout Ratio Explanation

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.

NewLake Capital Partners Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of NewLake Capital Partners's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

NewLake Capital Partners (NewLake Capital Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NewLake Capital Partners Inc (OTCPK:NLCP) » Definitions » Dividend Payout Ratio

Comparable Companies

AFCG LAND FPI CORR PW UNIT AMT EQIX CCI DLR SBAC WY IRM GLPI LAMR RYN PCH EPR ASX:ARF ASX:WPR

Traded in Other Exchanges

N/A

Address

50 Locust Avenue, First Floor, New Canaan, CT, USA, 06840

Website

https://www.newlake.com

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