NewLake Capital Partners, Inc.
NLCPReal Estate · Stock · quarterly payer
$14.85
Add to PortfolioForward Yield
11.57%
Annual Dividend
$1.72
Payout Ratio
138%
5-Yr Growth
—
Ex-Date
Mar 31, 2026
Frequency
Quarterly
NLCP Dividend Safety Score
60/ 100
Grade C
Borderline
Dividend-growth streak3 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage138% of earnings paid out
Balance-sheet strengthDebt/equity of 1.97
Yield vs its historyYield is 1.4× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is NLCP a good dividend stock?
Yes, with caveatsNewLake Capital Partners, Inc. (NLCP) pays a quarterly dividend yielding 11.57% ($1.72/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (138%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 11.57%
- Payout Ratio
- 138%
- Annual Dividend
- $1.72
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Mar 31, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.83
- Market Cap
- $311.2M
- P/E Ratio
- 11.9
- 5-Yr Total Return
- -50%
- 52-Week Range
- $12.09 – $16.75
- Dividend Safety
- C · 60/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 31, 2026 | — | $0.4300 | regular |
| Dec 31, 2025 | — | $0.4300 | regular |
| Sep 30, 2025 | — | $0.4300 | regular |
| Jun 30, 2025 | — | $0.4300 | regular |
| Mar 31, 2025 | — | $0.4300 | regular |
| Dec 31, 2024 | — | $0.4300 | regular |
| Sep 30, 2024 | — | $0.4300 | regular |
| Jun 28, 2024 | — | $0.4300 | regular |
| Mar 27, 2024 | — | $0.4100 | regular |
| Dec 28, 2023 | — | $0.4000 | regular |
| Sep 28, 2023 | — | $0.3900 | regular |
| Jun 29, 2023 | — | $0.3900 | regular |
| Mar 30, 2023 | — | $0.3900 | regular |
| Dec 29, 2022 | — | $0.3900 | regular |
Income Calculator
At $1.72 / yr per share
Per payment (quarterly)$43.00
Annual$172.00
Monthly avg$14.33
