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NewLake Capital Partners (NewLake Capital Partners) 5-Year Yield-on-Cost % : 8.00 (As of May. 05, 2024)


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What is NewLake Capital Partners 5-Year Yield-on-Cost %?

NewLake Capital Partners's yield on cost for the quarter that ended in Dec. 2023 was 8.00.


The historical rank and industry rank for NewLake Capital Partners's 5-Year Yield-on-Cost % or its related term are showing as below:

NLCP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.38   Med: 8.49   Max: 12.42
Current: 8


During the past 4 years, NewLake Capital Partners's highest Yield on Cost was 12.42. The lowest was 0.38. And the median was 8.49.


NLCP's 5-Year Yield-on-Cost % is ranked better than
58.8% of 830 companies
in the REITs industry
Industry Median: 7.035 vs NLCP: 8.00

Competitive Comparison of NewLake Capital Partners's 5-Year Yield-on-Cost %

For the REIT - Specialty subindustry, NewLake Capital Partners's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NewLake Capital Partners's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where NewLake Capital Partners's 5-Year Yield-on-Cost % falls into.



NewLake Capital Partners 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of NewLake Capital Partners is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

NewLake Capital Partners  (OTCPK:NLCP) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


NewLake Capital Partners 5-Year Yield-on-Cost % 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