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

NewLake Capital Partners, Inc. (OTCMKTS:NLCP) declared a quarterly dividend on Thursday, December 12th,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 31st will be given a dividend of 0.43 per share on Wednesday, January 15th. This represents a $1.72 dividend on an annualized basis and a yield of 9.01%. The ex-dividend date is Tuesday, December 31st.

NewLake Capital Partners Stock Performance

Shares of NewLake Capital Partners stock opened at $19.10 on Friday. The stock’s 50-day moving average is $19.03 and its 200-day moving average is $19.48. NewLake Capital Partners has a one year low of $13.77 and a one year high of $21.46.

About NewLake Capital Partners

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.