Chicago Atlantic BDC, Inc. Declares $0.34 Cash Dividend for First Quarter 2025
Chicago Atlantic BDC (NASDAQ: LIEN) has declared a quarterly cash dividend of $0.34 per share for the first quarter ending March 31, 2025. The company, operating as a specialty finance company regulated as a business development company, has implemented a dividend reinvestment plan (DRIP) for its stockholders.
Under the DRIP, dividends will be automatically reinvested in additional company common stock unless shareholders specifically opt out through their brokers or financial intermediaries. Stockholders wishing to receive cash dividends must contact their brokers to determine the necessary action and timing requirements.
Chicago Atlantic BDC (NASDAQ: LIEN) ha dichiarato un dividendo in contante trimestrale di $0,34 per azione per il primo trimestre che termina il 31 marzo 2025. L'azienda, che opera come una società di finanziamento specializzato regolata come società di sviluppo commerciale, ha implementato un piano di reinvestimento dei dividendi (DRIP) per i suoi azionisti.
Con il DRIP, i dividendi saranno automaticamente reinvestiti in ulteriori azioni ordinarie della società, a meno che gli azionisti non decidano esplicitamente di rinunciare tramite i loro broker o intermediari finanziari. Gli azionisti che desiderano ricevere dividendi in contante devono contattare i loro broker per determinare le azioni necessarie e i requisiti temporali.
Chicago Atlantic BDC (NASDAQ: LIEN) ha declarado un dividendo en efectivo trimestral de $0.34 por acción para el primer trimestre que finaliza el 31 de marzo de 2025. La empresa, que opera como una compañía de financiamiento especializado regulada como una compañía de desarrollo empresarial, ha implementado un plan de reinversión de dividendos (DRIP) para sus accionistas.
Según el DRIP, los dividendos se reinvertirán automáticamente en acciones ordinarias adicionales de la compañía, a menos que los accionistas opten específicamente por no participar a través de sus corredores o intermediarios financieros. Los accionistas que deseen recibir dividendos en efectivo deben contactar a sus corredores para determinar las acciones necesarias y los requisitos de tiempo.
시카고 애틀랜틱 BDC (NASDAQ: LIEN)는 2025년 3월 31일로 끝나는 첫 분기에 대해 주당 $0.34의 분기 현금 배당금을 선언했습니다. 이 회사는 사업 개발 회사로 규제되는 전문 금융 회사로 운영되며, 주주를 위한 배당금 재투자 계획(DRIP)을 시행했습니다.
DRIP에 따라, 주주가 중개인 또는 금융 중개인을 통해 특별히 선택하지 않는 한, 배당금은 회사의 추가 보통주에 자동으로 재투자됩니다. 현금 배당금을 받고자 하는 주주는 중개인에게 연락하여 필요한 조치와 시간 요구 사항을 확인해야 합니다.
Chicago Atlantic BDC (NASDAQ: LIEN) a déclaré un dividende en espèces trimestriel de 0,34 $ par action pour le premier trimestre se terminant le 31 mars 2025. L'entreprise, qui opère en tant que société de financement spécialisée réglementée en tant que société de développement commercial, a mis en place un plan de réinvestissement des dividendes (DRIP) pour ses actionnaires.
Dans le cadre du DRIP, les dividendes seront automatiquement réinvestis dans des actions ordinaires supplémentaires de l'entreprise, sauf si les actionnaires choisissent spécifiquement de ne pas participer par l'intermédiaire de leurs courtiers ou intermédiaires financiers. Les actionnaires souhaitant recevoir des dividendes en espèces doivent contacter leurs courtiers pour déterminer les actions nécessaires et les exigences de timing.
Chicago Atlantic BDC (NASDAQ: LIEN) hat eine vierteljährliche Barausschüttung von 0,34 $ pro Aktie für das erste Quartal, das am 31. März 2025 endet, erklärt. Das Unternehmen, das als spezialisiertes Finanzunternehmen fungiert und als Unternehmensentwicklungsgesellschaft reguliert ist, hat einen Dividenden-Reinvestitionsplan (DRIP) für seine Aktionäre eingeführt.
Im Rahmen des DRIP werden die Dividenden automatisch in zusätzliche Stammaktien des Unternehmens reinvestiert, es sei denn, die Aktionäre entscheiden sich ausdrücklich über ihre Broker oder Finanzintermediäre abzumelden. Aktionäre, die Barausschüttungen erhalten möchten, müssen ihre Broker kontaktieren, um die erforderlichen Maßnahmen und Zeitvorgaben zu klären.
- Maintained quarterly dividend distribution of $0.34 per share
- None.
NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, today announced that the Company’s board of directors has declared a cash dividend of
The following are the key dates for the dividend:
| Record Date | March 28, 2025 |
| Payment Date | April 11, 2025 |
The Company has adopted a dividend reinvestment plan (“DRIP”) that provides for reinvestment of dividends on behalf of its stockholders, unless a stockholder elects to receive cash. As a result, when the Company declares a cash dividend, stockholders who have not “opted out” of the DRIP in accordance with the terms of the DRIP and the procedures of their broker or other financial intermediary will have their cash dividends automatically reinvested in additional shares of the Company’s common stock. A stockholder whose shares are held by a broker or other financial intermediary should contact their broker or other financial intermediary as soon as possible in order to determine the time by which the stockholder must take action in order to receive dividends in cash.
About Chicago Atlantic BDC, Inc.
The Company is a specialty finance company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended, and has elected to be treated as a regulated investment company for U.S. federal income tax purposes. The Company’s investment objective is to maximize risk-adjusted returns on equity for its stockholders by investing primarily in direct loans to privately held middle-market companies, with a primary focus on cannabis companies. The Company is managed by Chicago Atlantic BDC Advisers, LLC, an investment manager focused on the cannabis industry and other niche or underfollowed sectors. For more information, please visit lien.chicagoatlantic.com.
Forward-Looking Statements
Certain information contained herein may constitute “forward-looking statements” that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about the Company, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “will,” “may,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “should,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the Company’s control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in the Company’s filings with the Securities and Exchange Commission. Investors should not place undue reliance on these forward-looking statements, which apply only as of the date on which the Company makes them. The Company does not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.
Contact:
Tripp Sullivan
SCR Partners, LLC
LIEN@chicagoatlantic.com
FAQ
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How does Chicago Atlantic BDC's dividend reinvestment plan (DRIP) work?
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