Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024
Advanced Flower Capital (AFCG) has declared a quarterly dividend of $0.33 per share for Q4 2024, maintaining the same level as the previous quarter. The dividend will be paid on January 15, 2025 to stockholders of record as of December 31, 2024.
AFCG operates as a commercial mortgage REIT, providing institutional loans to state-compliant cannabis operators in the U.S. The company specializes in originating, structuring, and managing loans ranging from $10 million to over $100 million, secured by real estate assets, license value, and cash flows.
Advanced Flower Capital (AFCG) ha dichiarato un dividendo trimestrale di $0,33 per azione per il quarto trimestre del 2024, mantenendo lo stesso livello del trimestre precedente. Il dividendo sarà pagato il 15 gennaio 2025 agli azionisti registrati entro il 31 dicembre 2024.
AFCG opera come un REIT per mutui commerciali, fornendo prestiti istituzionali a operatori di cannabis conformi alle normative statali negli Stati Uniti. L'azienda si specializza nell'origine, nella strutturazione e nella gestione di prestiti che vanno da $10 milioni a oltre $100 milioni, garantiti da beni immobiliari, valore della licenza e flussi di cassa.
Advanced Flower Capital (AFCG) ha declarado un dividendo trimestral de $0.33 por acción para el cuarto trimestre de 2024, manteniendo el mismo nivel que el trimestre anterior. El dividendo se pagará el 15 de enero de 2025 a los accionistas registrados hasta el 31 de diciembre de 2024.
AFCG opera como un REIT de hipotecas comerciales, proporcionando préstamos institucionales a operadores de cannabis que cumplen con las regulaciones estatales en EE. UU. La empresa se especializa en originar, estructurar y gestionar préstamos que van de $10 millones a más de $100 millones, garantizados por activos inmobiliarios, valor de licencias y flujos de efectivo.
고급 꽃 자본 (AFCG)는 2024년 4분기 주당 $0.33의 분기 배당금을 선언했으며, 이는 이전 분기와 동일한 수준입니다. 배당금은 2025년 1월 15일에 2024년 12월 31일 기준 주주에게 지급됩니다.
AFCG는 상업용 모기지 REIT로, 미국의 주 정부 규정을 준수하는 대마초 운영자에게 기관 대출을 제공합니다. 이 회사는 $10 백만에서 $100 백만 이상의 대출을 원래, 구조화 및 관리하는 전문 분야로, 부동산 자산, 라이센스 가치 및 현금 흐름으로 담보합니다.
Advanced Flower Capital (AFCG) a déclaré un dividende trimestriel de $0,33 par action pour le quatrième trimestre de 2024, maintenant le même niveau que le trimestre précédent. Le dividende sera payé le 15 janvier 2025 aux actionnaires enregistrés jusqu'au 31 décembre 2024.
AFCG fonctionne comme un REIT hypothécaire commercial, fournissant des prêts institutionnels aux opérateurs de cannabis conformes aux règles d'État aux États-Unis. L'entreprise se spécialise dans l'origine, la structuration et la gestion de prêts allant de $10 millions à plus de $100 millions, garantis par des actifs immobiliers, la valeur des licences et des flux de trésorerie.
Advanced Flower Capital (AFCG) hat eine vierteljährliche Dividende von $0,33 pro Aktie für das 4. Quartal 2024 erklärt und hält damit das gleiche Niveau wie im vorherigen Quartal. Die Dividende wird am 15. Januar 2025 an die Aktionäre ausgezahlt, die bis zum 31. Dezember 2024 registriert sind.
AFCG fungiert als gewerblicher Hypotheken-REIT und gewährt institutionelle Darlehen an gesetzeskonforme Cannabis-Betreiber in den USA. Das Unternehmen ist darauf spezialisiert, Darlehen zwischen $10 Millionen und über $100 Millionen zu vergeben, die durch Immobilienwerte, Lizenzwerte und Cashflows gesichert sind.
- Maintained stable quarterly dividend of $0.33 per share
- Consistent dividend payout demonstrates financial stability
- No dividend increase despite industry growth potential
Insights
The maintained quarterly dividend of
WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq:AFCG) (“AFC”) today announced its dividend for the quarter ending December 31, 2024.
The Board of Directors of AFC declared a quarterly dividend of
About Advanced Flower Capital, Inc.
Advanced Flower Capital Inc. (Nasdaq: AFCG) is a leading commercial mortgage REIT that provides institutional loans to state law compliant cannabis operators in the U.S. Through the management team’s deep network and significant credit and cannabis expertise, AFC originates, structures, underwrites and manages loans ranging from
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the company’s current views and projections with respect to, among other things, operating results and borrower activity. All statements other than historical facts, are forward-looking statements. Words such as “believes,” “expects,” “will,” “intends,” “plans,” “guidance,” “estimates,” “projects,” “anticipates,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions and are not guarantees of future performance, conditions or results. Certain factors, risks and uncertainties discussed under the caption “Risk Factors” and elsewhere in AFC’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings, could cause actual results and performance to differ materially from those projected in these forward-looking statements.
Investor Relations Contact:
Robyn Tannenbaum
(561) 510-2293
ir@advancedflowercapital.com
Media Contact:
Profile Advisors
Rich Myers and Rachel Goun
(347) 343-2999
afcgamma@profileadvisors.com
FAQ
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