Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the First Quarter of 2025
Rhea-AI Summary
Chicago Atlantic Real Estate Finance (NASDAQ: REFI) has announced its quarterly dividend for Q1 2025. The commercial mortgage real estate investment trust will distribute $0.47 per share to shareholders, equivalent to an annualized rate of $1.88 per common share.
The dividend will be paid on April 15, 2025, to shareholders of record as of the close of business on March 31, 2025.
Positive
- Regular quarterly dividend maintained at $0.47 per share
- Annualized dividend yield of $1.88 per share indicates stable shareholder returns
Negative
- None.
News Market Reaction
On the day this news was published, REFI gained 1.44%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
CHICAGO, March 17, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust, announced that its board of directors has declared a regular quarterly cash dividend of
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 Miami, Florida, and Chicago, and has deployed over
Contact:
Tripp Sullivan
SCR Partners
IR@REFI.reit