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The latest announcement is out from NewLake Capital Partners ( (NLCP) ).
NewLake Capital Partners reported its financial results for the fourth quarter and full year of 2024, showing a 6.0% increase in full-year revenue to $50.1 million despite challenges in the cannabis industry. The company declared a first quarter 2025 dividend of $0.43 per share, reflecting an 8.3% increase in annual dividends, and highlighted its strong financial metrics and strategic investments, including a stock repurchase program and a $50 million At The Market Program.
More about NewLake Capital Partners
NewLake Capital Partners, Inc. is a leading provider of real estate capital to state-licensed cannabis operators.
YTD Price Performance: -7.27%
Average Trading Volume: 58,482
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $342.1M
See more insights into NLCP stock on TipRanks’ Stock Analysis page.