EQIX vs NLCP: Which Is the Better Dividend Stock?
As of Oct 27, 2026, EQIX (Equinix, Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. NLCP offers the higher yield at 12.25%, EQIX has the higher dividend-safety score, and NLCP looks like the better value (its fair-value estimate is 120% above its share price).
Key facts: EQIX vs NLCP
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, NewLake Capital Partners, Inc. (NLCP) has the higher forward dividend yield at 12.25%, versus 2.13% for Equinix, Inc. (EQIX).
- As of Oct 27, 2026, SmarterDividends grades EQIX's dividend safety B (74/100) and NLCP's C (62/100).
- By SmarterDividends' count as of Oct 27, 2026, EQIX has raised its dividend for 10 consecutive years and NLCP for 4.
- As of Oct 27, 2026, EQIX pays out 127% of its earnings as dividends and NLCP pays out 146%.
- As of Oct 27, 2026, EQIX's fair-value estimate is 50% below its share price and NLCP's fair-value estimate is 120% above its share price, so NLCP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "EQIX vs NLCP: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/eqix-vs-nlcp
| Metric | EQIX | NLCP |
|---|---|---|
| Forward yield | 2.13% | 12.25% |
| Annual dividend | $20.64 | $1.72 |
| Payout ratio | 127% | 146% |
| Years of growth | 10 yr | 4 yr |
| 5-yr dividend growth | 12.0% | — |
| 5-yr total return | 18% | -50% |
| Dividend safety score | 74 (B) | 62 (C) |
| Fair value estimate | $481.88 | $30.95 |
| Upside to fair value | -50% | +120% |
| Frequency | quarterly | quarterly |
| Market cap | $95.5B | $294.0M |
| P/E ratio | 62.3 | 11.9 |
Higher yield
NLCP
12.25%
Safer dividend
EQIX
Grade B
Faster growth
EQIX
12.0%
Better value
NLCP
+120% upside
EQIX vs NLCP — FAQ
Is EQIX or NLCP a better dividend stock?
On the data, EQIX wins more head-to-head categories (5 vs 2). NLCP offers the higher yield (12.25%), while EQIX has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, EQIX or NLCP?
NLCP has the higher forward dividend yield at 12.25%, versus 2.13% for EQIX.
Is EQIX or NLCP safer?
EQIX has the higher dividend-safety score (74/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.
Is EQIX or NLCP better value right now?
As of Oct 27, 2026, NLCP looks like the better value: its fair-value estimate is 120% above its share price (undervalued). For EQIX, its fair-value estimate is 50% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.