Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Third Quarter of 2023

Rhea-AI Summary

Chicago Atlantic Real Estate Finance, Inc. declares $0.47 per share cash dividend for Q3 2023

Positive

• Regular quarterly cash dividend of $0.47 per share
• Annualized rate of $1.88 per common share

Negative

• None.

CHICAGO, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), 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 third quarter of 2023. The dividend, which equates to an annualized rate of $1.88 per common share, is payable on October 13, 2023, to shareholders of record as of the close of business on September 29, 2023.

About Chicago Atlantic Real Estate Finance, Inc.
Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) is a market-leading 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 50 employees and has deployed $2.0 billion across more than 55 loans.

Contact:
Tripp Sullivan
SCR Partners
(615) 942-7077
IR@REFI.reit