NewLake Capital Partners (NLCP) Dividend Coverage Ratio (2020 - 2026)
NewLake Capital Partners' Dividend Coverage Ratio was 0.67 in Q2 2026, down 19.6% from 0.83 a year earlier but up 2.0% from the prior quarter.
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Analysis
NewLake Capital Partners (NLCP) Dividend Coverage Ratio (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, NewLake Capital Partners' Dividend Coverage Ratio was 0.69 through Jun 30, 2026, down 6.7% year-over-year; for FY2025, it was 0.74, down 2.3% from FY2024.
- In earlier years, Dividend Coverage Ratio was 0.76 in FY2024 (+2.5%), 0.74 in FY2023 (-1.9%), 0.76 in FY2022 (-21.3%) and 0.96 in FY2021.
- Quarterly Dividend Coverage Ratio has moved between 0.43 (Q3 2021) and 1.83 (Q4 2021) over five years.
- Compared with a year earlier, Dividend Coverage Ratio has declined for three straight quarters, with an average decline of 7.0% over the last eight quarters.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q4 2021 (growth of 160.7%); the worst was Q4 2022 (a decline of 53.9%).
- Per Business Quant data, NLCP's Dividend Coverage Ratio in the three quarters before Q2 2026 was 0.65 (Q1 2026), 0.68 (Q4 2025) and 0.75 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 0.45 |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 0.78 |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 0.28 |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 0.77 |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 1.08 |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | NewLake Capital Partners | 301.51 Mn | 210.11 Mn | - | 0.67 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.67 |
| Mar 31, 2026 | 0.65 |
| Dec 31, 2025 | 0.68 |
| Sep 30, 2025 | 0.75 |
| Jun 30, 2025 | 0.83 |
| Mar 31, 2025 | 0.71 |
| Dec 31, 2024 | 0.68 |
| Sep 30, 2024 | 0.73 |
| Jun 30, 2024 | 0.81 |
| Mar 31, 2024 | 0.84 |
| Dec 31, 2023 | 0.86 |
| Sep 30, 2023 | 0.72 |
| Jun 30, 2023 | 0.70 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.84 |
| Sep 30, 2022 | 0.87 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.76 |
| Dec 31, 2021 | 1.83 |
| Sep 30, 2021 | 0.43 |
API Access
NewLake Capital Partners Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NLCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NLCP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NLCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();