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NewLake Capital Partners Declares $0.43 Quarterly Dividend for Q2 2026
NewLake Capital Partners Inc. (OTCQX: NLCP), a real‑estate investment trust that finances state‑licensed cannabis operators, announced on June 12 2026 that its board of directors has approved a cash dividend of $0.43 per share of common stock for the second quarter of 2026. The dividend equates to an annualized payout of $1.72 per share and will be paid on July 15 2026 to shareholders of record as of June 30 2026.
The dividend decision follows the company’s reporting that it collected 100 % of contractual rent during the quarter. NewLake said the dividend is fully supported by the earnings generated by its portfolio of 34 properties, which includes 15 cultivation facilities and 19 dispensaries. All properties are leased to single tenants under triple‑net (NNN) agreements, a common structure in the cannabis real‑estate market.
NewLake’s business model centers on sale‑leaseback transactions, third‑party purchases, and build‑to‑suit financing for cannabis operators. The REIT is internally managed and operates on the OTCQX market. According to the company’s website, its portfolio is spread across 12 states, and it has deployed more than $500 million in capital to date.
The press release notes that the dividend is consistent with the company’s expectations for the year. It also includes a standard forward‑looking statement disclaimer, indicating that future results may differ materially from those projected. The company’s most recent annual report and quarterly filings provide detailed risk factors and assumptions that could affect future performance.
NewLake’s dividend policy reflects the broader trend of cannabis‑focused REITs offering regular income to investors. As of 2026, the sector remains niche but has attracted attention from institutional investors seeking exposure to the growing legal cannabis market. Triple‑net leases provide predictable cash flows, which are attractive to REITs that must distribute a large portion of earnings to shareholders.
The announcement comes shortly after NewLake’s March 2026 dividend of $0.43 per share, which was paid on April 15 2026. The company’s quarterly dividend history shows a consistent payout of $0.43 each quarter, yielding an annualized dividend of $1.72. Investors can track dividend dates and amounts on financial news sites and the company’s own investor relations page.
While the press release does not detail the company’s future capital‑raising plans, it confirms that the current dividend is supported by the portfolio’s cash flow. The company’s CFO, Lisa Meyer, is listed as the contact for financial inquiries, and the investor relations team is represented by Valter Pinto of KCSA Strategic Communications.
NewLake’s focus on cannabis real‑estate assets places it among a small group of REITs that specialize in this sector. The company’s portfolio of 34 properties provides a diversified base of income streams, and its triple‑net lease structure limits operating expenses that would otherwise erode cash flow.
The dividend payment schedule is typical for a quarterly REIT: the ex‑dividend date is June 30 2026, and the payment is made on July 15 2026. Shareholders who own shares on the record date will receive the dividend in cash.
In summary, NewLake Capital Partners has approved a $0.43 per‑share dividend for the second quarter of 2026, backed by full rent collection and a stable portfolio of cannabis‑related properties. The dividend will be paid on July 15 2026 to shareholders of record on June 30 2026. The company’s continued performance aligns with its stated expectations, and it remains a notable player in the cannabis real‑estate investment space.
The dividend decision follows the company’s reporting that it collected 100 % of contractual rent during the quarter. NewLake said the dividend is fully supported by the earnings generated by its portfolio of 34 properties, which includes 15 cultivation facilities and 19 dispensaries. All properties are leased to single tenants under triple‑net (NNN) agreements, a common structure in the cannabis real‑estate market.
NewLake’s business model centers on sale‑leaseback transactions, third‑party purchases, and build‑to‑suit financing for cannabis operators. The REIT is internally managed and operates on the OTCQX market. According to the company’s website, its portfolio is spread across 12 states, and it has deployed more than $500 million in capital to date.
The press release notes that the dividend is consistent with the company’s expectations for the year. It also includes a standard forward‑looking statement disclaimer, indicating that future results may differ materially from those projected. The company’s most recent annual report and quarterly filings provide detailed risk factors and assumptions that could affect future performance.
NewLake’s dividend policy reflects the broader trend of cannabis‑focused REITs offering regular income to investors. As of 2026, the sector remains niche but has attracted attention from institutional investors seeking exposure to the growing legal cannabis market. Triple‑net leases provide predictable cash flows, which are attractive to REITs that must distribute a large portion of earnings to shareholders.
The announcement comes shortly after NewLake’s March 2026 dividend of $0.43 per share, which was paid on April 15 2026. The company’s quarterly dividend history shows a consistent payout of $0.43 each quarter, yielding an annualized dividend of $1.72. Investors can track dividend dates and amounts on financial news sites and the company’s own investor relations page.
While the press release does not detail the company’s future capital‑raising plans, it confirms that the current dividend is supported by the portfolio’s cash flow. The company’s CFO, Lisa Meyer, is listed as the contact for financial inquiries, and the investor relations team is represented by Valter Pinto of KCSA Strategic Communications.
NewLake’s focus on cannabis real‑estate assets places it among a small group of REITs that specialize in this sector. The company’s portfolio of 34 properties provides a diversified base of income streams, and its triple‑net lease structure limits operating expenses that would otherwise erode cash flow.
The dividend payment schedule is typical for a quarterly REIT: the ex‑dividend date is June 30 2026, and the payment is made on July 15 2026. Shareholders who own shares on the record date will receive the dividend in cash.
In summary, NewLake Capital Partners has approved a $0.43 per‑share dividend for the second quarter of 2026, backed by full rent collection and a stable portfolio of cannabis‑related properties. The dividend will be paid on July 15 2026 to shareholders of record on June 30 2026. The company’s continued performance aligns with its stated expectations, and it remains a notable player in the cannabis real‑estate investment space.
