NewLake Capital Partners Announces Tax Characteristics of 2025 Dividends

Core Viewpoint - NewLake Capital Partners, Inc. has announced the tax treatment of its common stock dividends declared in 2025, providing essential information for stockholders regarding their tax reporting obligations [1][2]. Tax Treatment of Distributions - The total dividend distribution for 2025 is $1.72 per share, with $1.48 classified as ordinary dividends and $0.24 as Section 199A dividends [3]. - Each quarterly dividend payment of $0.43 per share consists of $0.37 in ordinary dividends and $0.06 in Section 199A dividends, applicable for the record dates of March 31, June 30, September 30, and December 31, 2025 [3]. - The cash distribution made on January 15, 2026, is treated as income and taxable in the calendar year 2025 [3]. Company Overview - NewLake Capital Partners, Inc. is an internally-managed real estate investment trust that provides capital to state-licensed cannabis operators through sale-leaseback transactions and funding for build-to-suit projects [8]. - The company owns a portfolio of 34 properties, including 15 cultivation facilities and 19 dispensaries, primarily leased to single tenants under triple-net lease agreements [8].