Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the First Quarter of 2024

Rhea-AI Summary

Chicago Atlantic Real Estate Finance, Inc. (REFI) declares a regular quarterly cash dividend of $0.47 per share for Q1 2024, totaling $1.88 per common share annually. The dividend is payable on April 15, 2024, to shareholders of record as of March 28, 2024.

CHICAGO, March 15, 2024 (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 $0.47 per share for the first quarter of 2024. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on April 15, 2024, to shareholders of record as of the close of business on March 28, 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 over 70 employees and has deployed over $2.0 billion across more than 70 loans.

Contact:
Tripp Sullivan
SCR Partners
IR@REFI.reit

FAQ

What dividend has Chicago Atlantic Real Estate Finance, Inc. (REFI) declared for Q1 2024?

Chicago Atlantic Real Estate Finance, Inc. (REFI) has declared a regular quarterly cash dividend of $0.47 per share for the first quarter of 2024.

When is the dividend payable to shareholders of Chicago Atlantic Real Estate Finance, Inc. (REFI) for Q1 2024?

The dividend declared by Chicago Atlantic Real Estate Finance, Inc. (REFI) for Q1 2024 is payable on April 15, 2024.

What is the annualized rate of the dividend declared by Chicago Atlantic Real Estate Finance, Inc. (REFI) for Q1 2024?

The annualized rate of the dividend declared by Chicago Atlantic Real Estate Finance, Inc. (REFI) for Q1 2024 is $1.88 per common share.