NewLake Capital Partners, Inc. (NLCP) To Go Ex-Dividend on September 30th

NewLake Capital Partners, Inc. (OTCMKTS:NLCP) announced a quarterly dividend on Friday, September 13th, NASDAQ reports. Investors of record on Monday, September 30th will be given a dividend of 0.43 per share on Tuesday, October 15th. This represents a $1.72 annualized dividend and a dividend yield of 8.32%. The ex-dividend date is Monday, September 30th.

NewLake Capital Partners Trading Down 0.1 %

Shares of NewLake Capital Partners stock opened at $20.67 on Friday. NewLake Capital Partners has a 1 year low of $12.43 and a 1 year high of $21.46. The firm’s 50-day moving average is $19.99 and its two-hundred day moving average is $19.41.

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.