NewLake Capital Partners (NLCP) Dividend Coverage Ratio (2020 - 2026)
NewLake Capital Partners' Dividend Coverage Ratio was 0.47 in Q3 2026, down 37.4% from 0.75 a year earlier and down 29.2% 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 0.62 through Sep 30, 2026, down 17.0% 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.
- The Q3 2026 figure marks the lowest quarterly Dividend Coverage Ratio since Q3 2021.
- Compared with a year earlier, Dividend Coverage Ratio has declined for four straight quarters, with an average decline of 11.9% 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 Q3 2026 was 0.67 (Q2 2026), 0.65 (Q1 2026) and 0.68 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | - |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 3.97 |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 9.20 |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 0.53 |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 0.24 |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 0.53 |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 0.73 |
| 10 | NewLake Capital Partners | 285.04 Mn | 199.27 Mn | - | 0.47 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.47 |
| 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 |
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();