NewLake posts $26M profit for 2024, issues shareholder dividend

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Connecticut-based NewLake Capital Partners (OCTQX: NLCP) on Wednesday reported net income of $26.1 million for the 2024 calendar year, including $6 million in the fourth quarter, which closed Dec. 31. That allowed NewLake to issue a shareholder dividend of $1.70 per share of common stock, the company reported, up 8.3%…

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