The Stars Have Aligned For The 12% Yield At NewLake Capital

NewLake Capital offers a compelling 12% dividend yield, supported by a net lease structure and a net cash balance sheet. Recent regulatory changes, notably the rescheduling of medical cannabis, provide a visible catalyst for tenant profitability and stock re-rating. NLCP's risk is mitigated by its strong balance sheet, with minimal leverage compared to typical REIT peers, offsetting tenant and sector concentration.
Open original source