---
schema_version: "secwatch.filing_event.v1"
accession: "0001854964-24-000004"
form_type: "8-K"
ticker: "NLCP"
cik: "0001854964"
company_name: "NewLake Capital Partners, Inc."
filed_at: "2024-03-11T23:59:59+00:00"
generated_at: "2026-06-05T00:03:59.172721+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NewLake Q4 revenue $13.0M (+6.4% YoY); raises quarterly dividend to $0.41/share

## Summary
- Q4 2023 revenue $13.0M (+6.4% YoY); full-year revenue $47.3M (+5.1% YoY).
- Q4 net income $7.0M; AFFO $10.8M; full-year AFFO $40.7M (+5.2% YoY).
- Quarterly dividend raised to $0.41 (2.5% sequential, 5.1% YoY); payable April 15, 2024.
- Repurchased 194,563 shares in Q4; total 908,394 shares in 2023 at avg $13.00.
- Collected 100% of Q4 rent; reached lease amendments with Revolutionary Clinics and Calypso.

## SEC filing metadata
- accession: 0001854964-24-000004
- form_type: 8-K
- ticker: NLCP
- cik: 0001854964
- company_name: NewLake Capital Partners, Inc.
- filed_at: 2024-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854964/000185496424000004/0001854964-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854964/000185496424000004/nclp-20240311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001854964-24-000004
- JSON: https://secwatch.observer/filing/0001854964-24-000004.json
- Plain text: https://secwatch.observer/filing/0001854964-24-000004.txt

## Key facts
- Earnings Releases
  NewLake Capital Partners, Inc. reported the fourth quarter and year ended December 31, 2023 results: revenue $13.0 million, net income $7.0 million. Guidance raised.
  - Period: the fourth quarter and year ended December 31, 2023
  - Revenue: $13.0 million
  - Net income: $7.0 million
  - Guidance: raised
  - Result: reported results
  source text: Partners Reports Fourth Quarter and Full-Year 2023 Financial Results; Raises First Quarter 2024 Common Stock Dividend to $0.41 per Share Fourth Quarter 2023 Revenue totaled $13.0 Million, an increase of 6.4% Year-Over-Year Full Year 2023 Revenue totaled $47.3 Million, an increase of 5.1% Year-Over-Year Fourth Quarter 2023 Net Income Attributable to Common
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854964/000185496424000004/0001854964-24-000004-index.htm

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