NewLake Capital Partners Inc. has reported its financial results for the second quarter ended June 30, 2025. The company recorded a revenue of $12.9 million, marking an increase of approximately 3.8% compared to $12.5 million in the same quarter of the previous year. Net income attributable to common stockholders was $7.3 million, up from $6.8 million year-over-year. Funds From Operations (FFO) totaled $11.4 million, reflecting a 7.7% increase from $10.5 million in the prior year. Adjusted Funds From Operations (AFFO) reached $11.5 million, up 4.0% from $11.0 million in the previous year. Additionally, NewLake Capital Partners declared a second-quarter dividend of $0.43 per common share, consistent with the dividend declared for the same period last year. The company continues to demonstrate stability in its business model, with a focus on generating revenue and AFFO growth while maintaining a 79% AFFO payout ratio.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newlake Capital Partners Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001854964-25-000007), on August 06, 2025, and is solely responsible for the information contained therein.
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