NewLake Capital Partners (NLCP) Declares $0.43 Quarterly Dividend; 8.9% Yield

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NewLake Capital Partners Increases Second Quarter 2024 Common Stock Dividend to $0.43 per Share

June 13, 2024 8:30 AM EDT

NEW CANAAN, Conn., June 13, 2024 (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 increased its second quarter 2024 cash dividend to $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 July 15, 2024, to common stockholders of record at the close of business on June 28, 2024.

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