NewLake Capital Partners, Price, Forecast, Insider, Ratings, Fundamentals & Signals

New canaan, conn., may 02, 2024 (globe newswire) -- newlake capital partners, inc. (otcqx: nlcp) (“the company” or “newlake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that anthony coniglio, president and ceo, will present at the aegis capital virtual conference to be held may 7-9, 2024.

New canaan, conn., may 01, 2024 (globe newswire) -- newlake capital partners, inc. (otcqx: nlcp) (“the company” or “newlake”), a leading provider of real estate capital to state-licensed cannabis operators, issued a statement from newlake capital partners ceo and president anthony coniglio on the drug enforcement administration (dea) rescheduling cannabis from schedule i to schedule iii under the controlled substances act (csa).

New canaan, conn., april 11, 2024 (globe newswire) -- newlake capital partners, inc. (otcqx: nlcp) (“the company” or “newlake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it plans to host a conference call and report its financial results for the first quarter ended march 31, 2024 on thursday, may 9, 2024. additional details are available under the investor relations section of the company's website: https://ir.newlake.com/.

New canaan, conn., april 01, 2024 (globe newswire) -- newlake capital partners, inc. (otcqx: nlcp) (“the company” or “newlake”), a leading provider of real estate capital to state-licensed cannabis operators, issued the following statement from the company's ceo anthony coniglio on the florida's supreme court's decision to allow amendment 3 – the adult-use cannabis bill – to proceed to the ballot this november.

New canaan, conn., march 21, 2024 (globe newswire) -- newlake capital partners, inc. (otcqx: nlcp) (“the company” or “newlake”), a leading provider of real estate capital to state-licensed cannabis operators, announced today that management is scheduled to participate in the following april 2024 investor conferences.

REITs do not just pay a high dividend yield. They also grow their dividend and appreciate in value over time. Here are three of my favorite dividend growth REITs to buy today.

REIT shares have suffered due to the Federal Reserve's interest rate hikes and inflation concerns. Depreciated REIT prices offer higher yields, making them attractive to investors. NewLake Capital Partners, Healthcare Realty Trust, and Ladder Capital are three high-yielding REITs worth considering.

NewLake Capital Partners is a growing company in the growing Cannabis market. It currently pays a well-covered and high dividend yield of 8.96%. The company has high profitability metrics.

As April 2024 approaches, several top marijuana stocks are catching the eyes of savvy investors. The U.S. cannabis industry continues to expand dynamically. In recent years, legal sales have grown substantially. According to a New Frontier Data report, the industry's national legal sales will climb to over $30 billion by 2025. Increasing legalization movements bolster this growth trajectory. Recent headlines highlight New York and New Jersey's steps toward creating a more robust legal market. These developments significantly enhance the sector's potential.

Recent market downturn due to inflation, high rates, geopolitics, and commodity costs presents dividend stock buying opportunities for higher yields, growth stability, and an inflation hedge. Dividend payments worldwide and in the U.S. hit all-time highs in 2023, a year that ended with record levels of cash on corporate balance sheets. Using SA's Dividend Scorecard, the Quant Team picked 10 stocks with average forward yields ranging from 3.22% to 9.29% and consecutive payouts of up to 61 years.

Cannabis real estate investment trusts (REIT) could see higher highs on a few key catalysts.  For one, hedge fund manager Dougie Kass of Seabreeze Capital recently said the Food and Drug Administration (FDA) would soon reschedule cannabis to a less restrictive category.

NewLake Capital Partners is a REIT that serves the cannabis industry, offering a pick-and-shovel play on the sector. The company has demonstrated the ability to navigate tenant crises and has almost no debt, making it an interesting investment at this price. Despite challenges and risks, the cannabis sector has significant upside potential as legalization continues to expand.

The Cannabis REIT Conundrum

NEW CANAAN, Conn., April 11, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it plans to host a conference call and report its financial results for the first quarter ended March 31, 2024 on Thursday, May 9, 2024. Additional details are available under the Investor Relations section of the Company's website: https://ir.newlake.com/.

REITs are offering a rare opportunity in 2024. Valuations are historically low and offer significant upside potential. Here are 10 REITs that deserve a "Buy" rating.