Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Fourth Quarter of 2024
20 Décembre 2024 - 10:05PM
Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a
commercial mortgage real estate investment trust (“REIT”),
announced that its board of directors has declared a regular
quarterly cash dividend of $0.47 per common share for the fourth
quarter of 2024. The regular quarterly dividend, which equates to
an annualized rate of $1.88 per common share, is payable on January
13, 2025, to shareholders of record as of the close of business on
December 31, 2024.
The board of directors also declared a special cash dividend
of $0.18 per common share. The special dividend is required
for the Company to remain in compliance with U.S. federal income
tax rules for REITs. The amount of the special dividend has been
calculated based on estimated performance for the year ending
December 31, 2024. The special dividend is payable on January 13,
2025, to shareholders of record as of the close of business on
December 31, 2024.
About Chicago Atlantic Real Estate Finance,
Inc.Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:
REFI) is a market-leading commercial mortgage REIT utilizing
significant real estate, credit and cannabis expertise to originate
senior secured loans primarily to state-licensed cannabis operators
in limited-license states in the United States. REFI is part of the
Chicago Atlantic platform which has offices in Chicago, Miami, New
York, and London and has closed over $2.3 billion in credit
facilities since inception.
Contact: Tripp Sullivan SCR
PartnersIR@REFI.reit
Chicago Atlantic Real Es... (NASDAQ:REFI)
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