NewLake Capital (NLCP) Declares $0.43 Quarterly Dividend for Q2 2025

NewLake Capital Partners, Inc. (OTCMKTS:NLCP) is one of the 7 most undervalued pot stocks to buy according to analysts. On June 16, the company announced a cash dividend of $0.43 per share of common stock for Q2 2025. The payment equates to an annualized dividend of $1.72 per common share.

NewLake Capital (NLCP) Declares $0.43 Quarterly Dividend for Q2 2025

An architect standing proud in front of a newly developed real estate asset.

The company has consistently paid dividends, with regular increases over several years. The $0.43 per share dividend in the current announcement marks the fifth consecutive quarter the company has paid this amount. In Q2 2023, NewLake’s investors received a $0.39 per share payout.

NewLake Capital Partners, Inc. (OTCMKTS:NLCP)’s edge stems from operating as a real estate investment trust (REIT). It provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases, and funding for build-to-suit projects.

While we acknowledge the potential of NewLake Capital Partners, Inc. (OTCMKTS:NLCP) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NLCP and that has 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.