1. NewLake Capital Partners declared a $0.43 cash dividend. 2. The annualized dividend total is $1.72 per share. 3. Dividends payable to shareholders on October 15, 2025. 4. NewLake specializes in cannabis operator real estate financing. 5. Company owns 34 cultivation facilities and dispensaries.
The dividend announcement reflects strong cash flow and financial health for NLCP, following similar positive impacts seen in REITs when announcing dividends. Historically, consistent dividend payments often correlate with increased investor confidence and can drive stock prices up.
The dividend indicates ongoing profitability and operational stability, which is important for investor sentiment in the cannabis sector, directly impacting NLCP's perceived value.
The immediate effect of the dividend announcement will likely attract investor attention, potentially increasing demand for NLCP shares. In the past, dividend announcements have quickly influenced stock prices positively within a few weeks.
NEW CANAAN, Conn., Sept. 12, 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 third 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 October 15, 2025, to common stockholders of record at the close of business on September 30, 2025.
About NewLake Capital Partners, Inc.
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 34 cultivation facilities and dispensaries that are leased to single tenants on a triple-net basis. For more information, please visit www.newlake.com.
Forward-Looking Statements
This press release contains "forward-looking statements." Forward-looking statements can be identified by words like "may," "will," "likely," "should," "expect," "anticipate," "future," "plan," "believe," "intend," "goal," "project," "continue" and similar expressions. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs and expectations. Forward-looking statements are based on the Company's current expectations and assumptions regarding capital market conditions, the Company's business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. For a discussion of the risks and uncertainties which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q. The Company does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions which may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements, except as required by law.
Contact Information:
Lisa Meyer
Chief Financial Officer, Treasurer and Secretary
NewLake Capital Partners, Inc.
lmeyer@newlake.com
Investor Contact:
Valter Pinto, Managing Director
KCSA Strategic Communications
NewLake@kcsa.com
PH: (212) 896-1254
Media Contact:
Ellen Mellody
KCSA Strategic Communications
EMellody@kcsa.com
PH: (570) 209-2947
