Shares of NewLake Capital Partners, Inc. (OTCMKTS:NLCP – Get Free Report) were down 0% during mid-day trading on Friday . The stock traded as low as $16.12 and last traded at $16.18. Approximately 46,751 shares were traded during trading, a decline of 30% from the average daily volume of 66,377 shares. The stock had previously closed at $16.18.
NewLake Capital Partners Trading Down 0.0 %
The company’s 50-day moving average price is $18.12 and its 200-day moving average price is $19.11.
NewLake Capital Partners Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 10.63%. The ex-dividend date of this dividend was Tuesday, December 31st.
NewLake Capital Partners Company Profile
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 31 properties comprised of 14 cultivation facilities and 17 dispensaries that are leased to single tenants on a triple-net basis.
Further Reading
- Five stocks we like better than NewLake Capital Partners
- Where Do I Find 52-Week Highs and Lows?
- AI Demand Sparks Opportunities for These 3 Nuclear Energy Leaders
- What is a support level?
- TSMC: Long-Term Outlook Still Strong as Geopolitical Risk Rises
- How to trade using analyst ratings
- Uber’s NVIDIA Deal and Buybacks Signal Major Upside
Receive News & Ratings for NewLake Capital Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewLake Capital Partners and related companies with MarketBeat.com's FREE daily email newsletter.
