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NewLake Capital Partners Announces Tax Characteristics of 2025 Dividends
Globenewswire· 2026-01-28 14:00
NEW CANAAN, Conn., Jan. 28, 2026 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced the tax treatment of its common stock dividends declared in 2025. The below information is provided to assist the Company’s stockholders with tax reporting requirements related to dividend distribution of taxable income by the Company. Stockholders should receive IRS Form 1099-DIV contai ...
NewLake Capital Partners to Present at the Sidoti Micro Cap Virtual Conference on January 21st and 22nd
Globenewswire· 2026-01-12 14:00
Core Insights - NewLake Capital Partners, Inc. is a leading provider of real estate capital to state-licensed cannabis operators and will present at the Sidoti Micro Cap Virtual Conference on January 21-22, 2026 [1][2] Company Overview - NewLake Capital Partners, Inc. is an internally-managed real estate investment trust that specializes in providing real estate capital to state-licensed cannabis operators through sale-leaseback transactions and funding for build-to-suit projects [3] - The company owns a portfolio of 34 properties, which includes 15 cultivation facilities and 19 dispensaries, primarily leased to single tenants under triple-net lease agreements [3]
NewLake Capital Partners Issues Fourth Quarter 2025 Common Stock Dividend of $0.43 per Share
Globenewswire· 2025-12-15 21:05
NEW CANAAN, Conn., Dec. 15, 2025 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that its board of directors has approved its fourth quarter 2025 cash dividend of $0.43 per share of common stock. The dividend is equivalent to an annualized dividend of $1.72 per common share and is payable on January 15, 2026, to common stockholders of record at the close of business ...
NewLake Capital Partners to Host Third Quarter 2025 Earnings Call on November 6th at 11:00 a.m. ET
Globenewswire· 2025-10-15 13:00
Core Viewpoint - NewLake Capital Partners, Inc. is set to announce its financial results for the third quarter of 2025 on November 6, 2025, highlighting its role as a key provider of real estate capital to state-licensed cannabis operators [1][2]. Group 1: Earnings Call Details - The earnings call will take place on Thursday, November 6, 2025, at 11:00 a.m. ET [2]. - Interested parties can join the live call via U.S. toll-free number 1-877-407-3982 or international number 1-201-493-6780 [2]. - A dial-in replay will be available until November 20, 2025, accessible through U.S. toll-free number 1-844-512-2921 or international number 1-412-317-6671, with a replay pin number of 13756168 [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 through sale-leaseback transactions and funding for build-to-suit projects [3]. - The company owns a portfolio of 34 properties, which includes 15 cultivation facilities and 19 dispensaries, all leased to single tenants on a triple-net basis [3].
NewLake Capital Partners to Participate in Upcoming October Conferences
Globenewswire· 2025-10-06 13:00
Core Insights - NewLake Capital Partners, Inc. is actively participating in multiple investor conferences in October 2025, showcasing its commitment to engaging with investors and stakeholders in the cannabis industry [1][2][3] Company Overview - 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 funding for build-to-suit projects [4] - The company owns a portfolio of 34 properties, which includes 15 cultivation facilities and 19 dispensaries, all leased to single tenants on a triple-net basis [4] Upcoming Events - LD Micro Main Event XIX will take place from October 19-21, 2025, in San Diego, CA, with NewLake's presentation scheduled for October 20 at 1:30 p.m. PT [2] - Planet MicroCap Showcase in Toronto will occur from October 21-23, 2025, with NewLake presenting on October 22 at 1:00 p.m. ET [2] - The State of the Cannabis Industry Conference is set for October 27, 2025, in Boston, MA, where one-on-one meetings with NewLake's management can be scheduled [3]
NewLake Capital Partners Issues Third Quarter 2025 Common Stock Dividend of $0.43 per Share
Globenewswire· 2025-09-12 20:05
Core Viewpoint - NewLake Capital Partners, Inc. has announced a cash dividend of $0.43 per share for the third quarter of 2025, reflecting its ongoing commitment to returning value to shareholders [1][2]. 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 [3]. - The company owns a portfolio of 34 cultivation facilities and dispensaries, which are leased to single tenants on a triple-net basis [3]. Dividend Details - The announced 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 October 15, 2025, to stockholders of record as of September 30, 2025 [2].
NewLake Capital Partners Reports Second Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-08-06 21:00
Core Insights - NewLake Capital Partners, Inc. reported a revenue of $12.9 million for the second quarter of 2025, reflecting a year-over-year increase of 3.8% [1][5] - The net income attributable to common stockholders for the same period was $7.3 million, up from $6.8 million in the previous year [5] - The company declared a second quarter dividend of $0.43 per common share, maintaining a 79% AFFO payout ratio [2][14] Financial Highlights - Funds from Operations (FFO) totaled $11.4 million, representing a 7.7% increase year-over-year [5] - Adjusted Funds from Operations (AFFO) reached $11.5 million, marking a 4.0% increase compared to the same quarter in 2024 [5] - For the first half of 2025, total revenue was $26.1 million, an increase of 4.3% from $25.1 million in the same period of 2024 [5] Balance Sheet and Liquidity - As of June 30, 2025, cash and cash equivalents stood at $21.9 million, with total liquidity of $104.3 million [5] - The company reported a gross real estate asset value of $432.2 million, with a debt to total gross assets ratio of 1.6% [5] - There are no debt maturities until May 2027, indicating a stable financial position [5] Investment Activity - The company engaged in significant investment activity, acquiring properties valued at $1.735 million during the first half of 2025 [6][7] - A deed-for-deed like-kind exchange was completed on June 12, 2025, involving a dispensary property, which was recorded at an estimated fair value of $950 thousand [7] Tenant Condition and Challenges - Revolutionary Clinics faced operational challenges, resulting in a stipulation agreement to receive 50% of contractual rent on a weekly basis [9] - AYR Wellness Inc., which operates at two of the company's properties, announced a restructuring support agreement, representing approximately 5.9% of the company's rental revenue for the first half of 2025 [15] Conference Call and Future Outlook - A conference call and webcast are scheduled for August 7, 2025, to discuss the quarterly financial results and operational highlights [16]
NewLake Capital Partners to Host Second Quarter 2025 Earnings Call on August 7th at 11:00 a.m. ET
Globenewswire· 2025-07-14 13:00
Group 1 - NewLake Capital Partners, Inc. plans to host a conference call to report its financial results for the second quarter ended June 30, 2025, on August 7, 2025 [1][2] - The conference call will be accessible via a live call and a webcast, with a dial-in replay available until August 21, 2025 [2] - NewLake is an internally managed real estate investment trust (REIT) that provides capital to state-licensed cannabis operators through sale-leaseback transactions and funding for build-to-suit projects [3] Group 2 - NewLake owns a portfolio of 34 properties, which includes 15 cultivation facilities and 19 dispensaries, leased to single tenants on a triple-net basis [3]
NewLake Capital Partners Issues Second Quarter 2025 Common Stock Dividend of $0.43 per Share
Globenewswire· 2025-06-16 21:09
Core Points - NewLake Capital Partners, Inc. has announced a cash dividend of $0.43 per share for the second quarter of 2025, which translates to an annualized dividend of $1.72 per common share [1][2] - The dividend is scheduled to be paid on July 15, 2025, to stockholders of record as of June 30, 2025 [2] Company Overview - NewLake Capital Partners, Inc. operates as an internally-managed real estate investment trust (REIT) that provides capital to state-licensed cannabis operators through sale-leaseback transactions and funding for build-to-suit projects [3] - The company owns a portfolio of 34 properties, which includes 15 cultivation facilities and 19 dispensaries, all leased to single tenants on a triple-net basis [3]
NewLake Capital Partners to Participate in Upcoming June Conferences
Globenewswire· 2025-06-02 13:00
Company Overview - NewLake Capital Partners, Inc. is a leading provider of real estate capital to state-licensed cannabis operators through sale-leaseback transactions and funding for build-to-suit projects [3] - The company operates as an internally-managed real estate investment trust (REIT) and owns a portfolio of 34 properties, which includes 15 cultivation facilities and 19 dispensaries leased to single tenants on a triple-net basis [3] Upcoming Conferences - NewLake management is scheduled to participate in several conferences in June 2025, including the Benzinga Cannabis Capital Conference from June 8-10, where they will be on a panel discussing debt management on June 9 [2] - The Sidoti Virtual Small Cap Conference will take place on June 11-12, with NewLake presenting on June 12 [2] - NewLake will also participate in Cannabis Europa London on June 24-25, focusing on cannabis finance in Europe during a panel on June 24 [2]