NNLRF
Price:
$0.42
Market Cap:
$3.13M
The REIT was formed to acquire specialized industrial and retail properties leased to experienced, top-tier, creditworthy state-licensed operators for their Regulated Cannabis facilities ("Licensed Facilities") in the United States. The REIT intends to acquire properties through sale-leaseback transactions and lease such properties on a triple net lease basis for a targeted 10 to 15 year term and strives to negotiate annual rental rate increases in the leases. The REIT's portfolio will consist of only Licensed Facilities in the United States with a targeted mix of 80% cultivation/grow/processing facilities and 20% retail/dispensary. The REIT is internally managed by a vertically integrated t...[Read more]
Industry
REIT - Specialty
IPO Date
2022-09-15
Stock Exchange
OTC
Ticker
NNLRF
According to Nova Net Lease REIT’s latest financial reports and current stock price. The company's current Dividend Yield is 0%. This represents a change of -100.00% compared to the average of 0.01% of the last 4 quarters.
The mean historical Dividend Yield of Nova Net Lease REIT over the last ten years is 10.98%. The current 0% Dividend Yield has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), NNLRF's Dividend Yield was at its highest in in the March 2023 quarter at 2.25%. The Dividend Yield was at its lowest in in the September 2021 quarter at 0%.
Average
10.98%
Median
5.07%
Minimum
0%
Maximum
27.88%
Discovering the peaks and valleys of Nova Net Lease REIT Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Dividend Yield = 27.88%
Minimum Annual Increase = 0%
Minimum Annual Dividend Yield = 0%
| Year | Dividend Yield | Change |
|---|---|---|
| 2023 | 27.88% | 450.44% |
| 2022 | 5.07% | Infinity% |
The current Dividend Yield of Nova Net Lease REIT (NNLRF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
10.98%
5-year avg
10.98%
10-year avg
10.98%
Nova Net Lease REIT’s Dividend Yield is less than Office Properties Income Trust (134.23%), less than Pennsylvania Real Estate Investment Trust (0%), less than Kingwell Group Limited (0%), less than Aspen Digital Inc (0%), less than Pennsylvania Real Estate Investment Trust (0%), less than Pennsylvania Real Estate Investment Trust (0%), less than Urbi, Desarrollos Urbanos, S.A.B. de C.V. (0%), less than Holiday Island Holdings, Inc. (0%), less than Pacific Oak Strategic Opportunity REIT, Inc. (0%), less than Strategic Realty Trust, Inc. (0%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 134.23% | $1.10M | |
| 0% | $2.66M | |
| 0% | $2.89M | |
| 0% | $2.60M | |
| 0% | $2.29M | |
| 0% | $2.24M | |
| 0% | $4.42M | |
| 0% | $4.46M | |
| 0% | $5.44M | |
| 0% | $860.24K |
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