NewLake Capital Partners Issues Fourth Quarter 2025 Common Stock Dividend of $0.43 per Share
Globenewswire·2025-12-15 21:05

Core Viewpoint - NewLake Capital Partners, Inc. has announced a cash dividend of $0.43 per share for the fourth quarter of 2025, reflecting its ongoing commitment to returning value to shareholders [1][2]. Group 1: Dividend Announcement - The approved cash dividend of $0.43 per share translates to an annualized dividend of $1.72 per common share [2]. - The dividend is scheduled to be paid on January 15, 2026, to stockholders of record as of December 31, 2025 [2]. Group 2: Company Overview - NewLake Capital Partners, Inc. operates as an internally managed real estate investment trust, focusing on providing real estate capital to state-licensed cannabis operators [3]. - The company engages in sale-leaseback transactions and third-party purchases, as well as funding for build-to-suit projects [3]. - NewLake owns a portfolio consisting of 34 cultivation facilities and dispensaries, which are leased to single tenants on a triple-net basis [3].