NewLake Capital Partners Dividend
Dividend criteria checks 4/6
NewLake Capital Partners is a dividend paying company with a current yield of 8.24% that is well covered by earnings.
Key information
8.2%
Dividend yield
84%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$1.20 |
Dividend yield forecast in 3Y | 8.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NLCP has been paying a dividend for less than 10 years.
Growing Dividend: NLCP's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
NewLake Capital Partners Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NLCP) | 8.2% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Industrial REITs) | 3.8% |
Analyst forecast in 3 Years (NLCP) | 8.2% |
Notable Dividend: NLCP's dividend (8.24%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: NLCP's dividend (8.24%) is in the top 25% of dividend payers in the US market (4.75%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.1%), NLCP's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.4%), NLCP's dividend payments are covered by cash flows.