Nova Net Lease REIT

Nova Net Lease REITverified

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

The Dividend Yield as of November 2025 (TTM) for Nova Net Lease REIT (NNLRF) is 0%

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.

Nova Net Lease REIT (NNLRF) Historical Dividend Yield (quarterly & annually)

How has NNLRF Dividend Yield performed in the past?

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%.

Quarterly (TTM)
Annual

Average

10.98%

Median

5.07%

Minimum

0%

Maximum

27.88%

Nova Net Lease REIT (NNLRF) Dividend Yield by Quarter and Year

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%

Quarterly (TTM)
Annual
YearDividend YieldChange
202327.88%450.44%
20225.07%Infinity%

Nova Net Lease REIT (NNLRF) Average Dividend Yield

How has NNLRF Dividend Yield performed in the past?

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 (NNLRF) Dividend Yield vs. Peers

How is NNLRF’s Dividend Yield compared to its peers?

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%),

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Frequently asked questions❓

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