NewLake Capital Partners, Inc. (OTCMKTS:NLCP – Get Free Report) fell 1.1% during trading on Monday . The company traded as low as $13.75 and last traded at $13.75. 82,575 shares traded hands during mid-day trading, an increase of 91% from the average session volume of 43,246 shares. The stock had previously closed at $13.90.
NewLake Capital Partners Price Performance
The stock’s 50-day moving average is $14.13 and its 200 day moving average is $14.53.
NewLake Capital Partners Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 12.5%.
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.
Read More
- Five stocks we like better than NewLake Capital Partners
- How to Calculate Retirement Income: MarketBeat’s Calculator
- 3 Biotech Catalysts Present Major Opportunity
- Manufacturing Stocks Investing
- 3 Cheap Stocks That Shouldn’t Be This Low
- 3 Healthcare Dividend Stocks to Buy
- Why Sprouts Farmers Market is Buying $1 Billion of Its Own Stock
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.
