AFC Gamma Announces First Post-Spin Dividend for the Third Quarter 2024
AFC Gamma, Inc. (Nasdaq: AFCG), a leading commercial mortgage REIT for cannabis operators, has announced its first post-spin dividend for the third quarter of 2024. The company's Board of Directors has declared a quarterly dividend of $0.33 per outstanding share of common stock, payable on October 15, 2024, to stockholders of record as of September 30, 2024.
AFC Gamma specializes in providing institutional loans to state law compliant cannabis operators in the U.S., with loan amounts ranging from $10 million to over $100 million. These loans are typically secured by quality real estate assets, license value, and cash flows. The company leverages its management team's extensive network and expertise in credit and cannabis to originate, structure, and underwrite these loans.
AFC Gamma, Inc. (Nasdaq: AFCG), un importante REIT di mutui commerciali per operatori di cannabis, ha annunciato il suo primo dividendo post-scissione per il terzo trimestre del 2024. Il Consiglio di Amministrazione dell'azienda ha dichiarato un dividendo trimestrale di $0,33 per ogni azione ordinaria in circolazione, pagabile il 15 ottobre 2024, agli azionisti registrati al 30 settembre 2024.
AFC Gamma si specializza nel fornire prestiti istituzionali a operatori di cannabis in conformità con la legge statale negli Stati Uniti, con importi dei prestiti che vanno da $10 milioni a oltre $100 milioni. Questi prestiti sono generalmente garantiti da beni immobili di qualità, valore di licenze e flussi di cassa. L'azienda sfrutta la vasta rete e l'esperienza del suo team di gestione nel settore del credito e della cannabis per originare, strutturare e sottoscrivere questi prestiti.
AFC Gamma, Inc. (Nasdaq: AFCG), un destacado REIT de hipotecas comerciales para operadores de cannabis, ha anunciado su primer dividendo post-separación para el tercer trimestre de 2024. La Junta Directiva de la compañía ha declarado un dividendo trimestral de $0.33 por acción común en circulación, que se pagará el 15 de octubre de 2024, a los accionistas registrados hasta el 30 de septiembre de 2024.
AFC Gamma se especializa en proporcionar préstamos institucionales a operadores de cannabis que cumplen con la ley estatal en EE. UU., con montos de préstamos que oscilan entre $10 millones y más de $100 millones. Estos préstamos suelen estar garantizados por activos inmobiliarios de calidad, el valor de la licencia y flujos de efectivo. La compañía aprovecha la amplia red y experiencia de su equipo de gestión en crédito y cannabis para originar, estructurar y suscribir estos préstamos.
AFC Gamma, Inc. (Nasdaq: AFCG)는 대마초 운영자를 위한 주요 상업용 모기지 REIT로서 2024년 3분기의 첫 스핀오프 배당금을 발표했습니다. 회사의 이사회는 발행된 보통주 1주당 $0.33의 분기 배당금을 선언하였으며, 이는 2024년 10월 15일에 지급될 예정이며, 2024년 9월 30일 기준의 주주에게 지급됩니다.
AFC Gamma는 미국 내 법적으로 합법적인 대마초 운영자에게 기관 대출을 제공하는 전문 회사로, 대출 금액은 $10백만에서 $100백만 이상까지 다양합니다. 이러한 대출은 일반적으로 품질 높은 부동산 자산, 라이센스 가치 및 현금 흐름에 의해 보장됩니다. 회사는 대출을 원활하게 진행, 구조화 및 언더라이트하기 위해 신용 및 대마초 분야에서 광범위한 경영진의 네트워크와 전문 지식을 활용합니다.
AFC Gamma, Inc. (Nasdaq: AFCG), un REIT de prêts hypothécaires commerciaux de premier plan pour les opérateurs de cannabis, a annoncé son premier dividende post-séparation pour le troisième trimestre de 2024. Le Conseil d'administration de la société a déclaré un dividende trimestriel de 0,33 $ par action ordinaire en circulation, payable le 15 octobre 2024 aux actionnaires inscrits au 30 septembre 2024.
AFC Gamma se spécialise dans l'octroi de prêts institutionnels aux opérateurs de cannabis conformément à la législation des États-Unis, avec des montants de prêts allant de 10 millions à plus de 100 millions de dollars. Ces prêts sont généralement garantis par des actifs immobiliers de qualité, la valeur des licences et des flux de trésorerie. L'entreprise s'appuie sur le vaste réseau et l'expertise de son équipe de direction dans les domaines du crédit et du cannabis pour originer, structurer et souscrire ces prêts.
AFC Gamma, Inc. (Nasdaq: AFCG), ein führendes REIT für kommerzielle Hypothekendarlehen für Cannabisbetreiber, hat seine erste Post-Spin-Dividende für das dritte Quartal 2024 angekündigt. Der Vorstand des Unternehmens hat eine vierteljährliche Dividende von $0,33 pro ausstehender Stammaktie erklärt, die am 15. Oktober 2024 an die Aktionäre ausgezahlt wird, die zum 30. September 2024 registriert sind.
AFC Gamma hat sich darauf spezialisiert, institutionelle Darlehen an staatlich konforme Cannabisbetreiber in den USA zu vergeben, wobei die Darlehensbeträge von $10 Millionen bis über $100 Millionen reichen. Diese Darlehen sind in der Regel durch hochwertige Immobilienwerte, Lizenzwerte und Cashflows gesichert. Das Unternehmen nutzt das umfangreiche Netzwerk und das Fachwissen seines Managementteams im Kredit- und Cannabisbereich, um diese Darlehen zu akquirieren, zu strukturieren und zu unterzeichnen.
- Declared quarterly dividend of $0.33 per share
- Maintains dividend payout post-spin-off
- Demonstrates ability to generate shareholder returns in cannabis sector
- None.
WEST PALM BEACH, Fla., Sept. 13, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq:AFCG) (“AFC”) today announced its dividend for the quarter ending September 30, 2024.
The Board of Directors of AFC declared a quarterly dividend of
About AFC Gamma, Inc.
AFC Gamma, 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 and underwrites 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@afcgamma.com
advancedflowercapital.com
Media Contact:
Profile Advisors
Rich Myers and Rachel Goun
(347) 343-2999
afcgamma@profileadvisors.com
FAQ
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