NewLake Capital Partners, Inc. (NLCP) Dividend
NewLake Capital Partners, Inc. (NLCP) currently pays a dividend yield of 10.84%, distributing $1.72 per share annually ($0.43 per quarter). The company operates in the Real Estate sector.
NLCP has raised its dividend for 3 consecutive years.
NLCP dividend at a glance
| Dividend Yield | 10.84% |
|---|---|
| Annual Dividend | $1.72 per share |
| Per Payment | $0.43 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | September 30, 2026 |
| Next Payment Date | October 21, 2026 |
| Payout Ratio | 138% |
| Consecutive Years of Dividend Growth | 3 |
| Sector | Real Estate |
| Implied Share Price (from yield) | $15.87 |
What NLCP pays on a $10,000 investment
At a 10.84% yield, $10,000 invested in NLCP generates about $1,084.00 per year, or roughly $271.00 every quarter. Share counts below use an implied price of $15.87, derived from the $1.72 annual dividend and the 10.84% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 63 | $108.40 | $27.10 |
| $5,000 | 315.1 | $542.00 | $135.50 |
| $10,000 | 630.2 | $1,084.00 | $271.00 |
| $25,000 | 1,575.6 | $2,710.00 | $677.50 |
| $100,000 | 6,302.3 | $10,840.00 | $2,710.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
NLCP dividend payment schedule
NLCP pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is September 30, 2026, with payment on October 21, 2026. Later rows are projected forward at the same interval and will shift when NewLake Capital Partners, Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| September 30, 2026 | October 21, 2026 | $0.43 | Confirmed |
| December 30, 2026 | January 20, 2027 | $0.43 | Projected |
| March 30, 2027 | April 20, 2027 | $0.43 | Projected |
| June 30, 2027 | July 21, 2027 | $0.43 | Projected |
To collect a NLCP dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How NLCP's dividend compares
Across the 584 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.75%. NLCP's 10.84% is 7.08 percentage points above that median, ranking 151st of 584 by yield.
Within Real Estate, where we track 61 names, the median yield is 5.92% — putting NLCP above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
Its 3-year run of dividend increases ranks 244th out of the 354 names in our data with an active growth streak.
What the numbers mean
NLCP pays out roughly 138% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, NLCP distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
NLCP dividend FAQ
When is the next NLCP ex-dividend date?
The next NLCP ex-dividend date is September 30, 2026, with the payment scheduled for October 21, 2026. You must own shares before the ex-dividend date to receive that payment.
What is NLCP's dividend yield?
NLCP currently yields 10.84%, based on $1.72 in dividends per share over the past year.
How often does NLCP pay dividends?
NLCP pays quarterly, which works out to 4 payments per year of about $0.43 per share.
How much dividend income would $10,000 of NLCP generate?
At the current 10.84% yield, $10,000 invested in NLCP would produce roughly $1,084.00 per year, or about $271.00 per quarter, before taxes and assuming the dividend holds.
Has NLCP increased its dividend?
Yes — NLCP has raised its dividend for 3 consecutive years.
Related dividend stocks
Other Real Estate dividend payers
- LFT — Lument Finance Trust, Inc. dividend (24.65%)
- ORC — Orchid Island Capital, Inc. dividend (21.20%)
- ABR — Arbor Realty Trust, Inc. dividend (20.72%)
- ARR — ARMOUR Residential REIT dividend (17.53%)
- DX — Dynex Capital, Inc. dividend (15.88%)
- SUNS — Sunrise Realty Trust, Inc. dividend (15.54%)
- SEVN — Seven Hills Realty Trust dividend (14.49%)
- CLPR — Clipper Realty Inc. dividend (13.87%)
Similar yields to NLCP
- IYRI — NEOS Real Estate High Income ET dividend (10.84%)
- RIET — Hoya Capital High Dividend Yield ETF dividend (10.87%)
- LOAN — Manhattan Bridge Capital, Inc. dividend (10.90%)
- ASGI — Abrdn Global Infrastructure Income Fund dividend (10.92%)
- FDUS — Fidus Investment Corporation dividend (10.98%)
- AVK — Advent Convertible and Income Fund dividend (11.08%)
Track NLCP dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.