---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-032422"
form_type: "8-K"
ticker: "NLCP"
cik: "0001854964"
company_name: "NewLake Capital Partners, Inc."
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T15:20:29.314985+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NewLake Capital maintains $0.39 quarterly dividend, upsizes share repurchase program by $10M

## Summary
- Board declared Q3 2023 cash dividend of $0.39 per share ($1.56 annualized), payable Oct 13 to holders of record Sep 29.
- Company repurchased 713,831 shares at avg $12.96, using $9.3M of original $10M authorization.
- Board authorized $10M increase to repurchase program, extended to Dec 31, 2024; approx $10.7M remaining.
- CEO cites compelling value in stock and opportunity to invest in own shares while pursuing sale-leaseback deals.

## SEC filing metadata
- accession: 0001628280-23-032422
- form_type: 8-K
- ticker: NLCP
- cik: 0001854964
- company_name: NewLake Capital Partners, Inc.
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854964/000162828023032422/0001628280-23-032422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854964/000162828023032422/nclp-20230915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-032422
- JSON: https://secwatch.observer/filing/0001628280-23-032422.json
- Plain text: https://secwatch.observer/filing/0001628280-23-032422.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.