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

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Chicago Atlantic Real Estate Finance (NASDAQ: REFI) has announced two dividend distributions: a regular quarterly cash dividend of $0.47 per common share for Q4 2024, and a special dividend of $0.18 per common share. The regular dividend represents an annualized rate of $1.88 per share. Both dividends will be paid on January 13, 2025, to shareholders of record as of December 31, 2024. The special dividend is required to maintain REIT compliance with U.S. federal income tax rules and was calculated based on estimated 2024 performance.

Chicago Atlantic Real Estate Finance (NASDAQ: REFI) ha annunciato due distribuzioni di dividendi: un dividendo in contante regolare trimestrale di $0.47 per azione comune per il quarto trimestre del 2024, e un dividendo speciale di $0.18 per azione comune. Il dividendo regolare rappresenta un tasso annualizzato di $1.88 per azione. Entrambi i dividendi saranno pagati il 13 gennaio 2025 agli azionisti registrati al 31 dicembre 2024. Il dividendo speciale è necessario per mantenere la conformità al REIT secondo le normative fiscali federali degli Stati Uniti ed è stato calcolato sulla base delle stime delle performance del 2024.

Chicago Atlantic Real Estate Finance (NASDAQ: REFI) ha anunciado dos distribuciones de dividendos: un dividendo en efectivo trimestral regular de $0.47 por acción común para el cuarto trimestre de 2024, y un dividendo especial de $0.18 por acción común. El dividendo regular representa una tasa anualizada de $1.88 por acción. Ambos dividendos se pagarán el 13 de enero de 2025, a los accionistas que estén registrados hasta el 31 de diciembre de 2024. El dividendo especial es necesario para mantener el cumplimiento de las reglas fiscales federales de EE. UU. y se calculó en base al rendimiento estimado de 2024.

시카고 애틀란틱 부동산 금융 (NASDAQ: REFI)는 두 가지 배당금 분배를 발표했습니다. 2024년 4분기에 대한 보통주당 $0.47의 정기 분기 현금 배당금과 보통주당 $0.18의 특별 배당금입니다. 정기 배당금은 주당 연간 $1.88의 비율을 나타냅니다. 두 배당금은 2025년 1월 13일2024년 12월 31일 기준 주주에게 지급됩니다. 특별 배당금은 미국 연방 소득세 규정을 준수하기 위해 필요하며 2024년 예상 성과를 바탕으로 계산되었습니다.

Chicago Atlantic Real Estate Finance (NASDAQ: REFI) a annoncé deux distributions de dividendes : un dividende en espèces trimestriel régulier de $0.47 par action ordinaire pour le quatrième trimestre de 2024 et un dividende spécial de $0.18 par action ordinaire. Le dividende régulier représente un taux annualisé de 1,88 $ par action. Les deux dividendes seront versés le 13 janvier 2025 aux actionnaires enregistrés au 31 décembre 2024. Le dividende spécial est requis pour maintenir la conformité des REIT avec les règles fiscales fédérales américaines et a été calculé sur la base des performances estimées pour 2024.

Chicago Atlantic Real Estate Finance (NASDAQ: REFI) hat zwei Dividendenzahlungen angekündigt: eine reguläre vierteljährliche Bar-Dividende von $0.47 pro Stammaktie für das vierte Quartal 2024 und eine Sonderdividende von $0.18 pro Stammaktie. Die reguläre Dividende entspricht einem annualisierten Satz von $1.88 pro Aktie. Beide Dividenden werden am 13. Januar 2025 an die Aktionäre ausgezahlt, die am 31. Dezember 2024 im Aktienregister stehen. Die Sonderdividende ist erforderlich, um die REIT-Konformität mit den US-amerikanischen Einkommensteuerregelungen aufrechtzuerhalten und wurde basierend auf der geschätzten Leistung für 2024 berechnet.

Positive
  • Regular quarterly dividend maintained at $0.47 per share
  • Additional special dividend of $0.18 per share announced
  • Total combined dividend payment of $0.65 per share for Q4
Negative
  • None.

Declares Special Dividend of $0.18 per Common Share for 2024 Tax Year

CHICAGO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust (“REIT”), announced that its board of directors has declared a regular quarterly cash dividend of $0.47 per common share for the fourth quarter of 2024. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on January 13, 2025, to shareholders of record as of the close of business on December 31, 2024.

The board of directors also declared a special cash dividend of $0.18 per common share. The special dividend is required for the Company to remain in compliance with U.S. federal income tax rules for REITs. The amount of the special dividend has been calculated based on estimated performance for the year ending December 31, 2024. The special dividend is payable on January 13, 2025, to shareholders of record as of the close of business on December 31, 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 offices in Chicago, Miami, New York, and London and has closed over $2.3 billion in credit facilities since inception.

Contact:
Tripp Sullivan
SCR Partners
IR@REFI.reit


FAQ

What is REFI's Q4 2024 regular dividend amount?

Chicago Atlantic Real Estate Finance (REFI) declared a regular quarterly dividend of $0.47 per common share for Q4 2024.

When will REFI's Q4 2024 dividend be paid?

Both the regular and special dividends will be paid on January 13, 2025, to shareholders of record as of December 31, 2024.

What is REFI's annualized dividend rate for 2024?

REFI's regular quarterly dividend equates to an annualized rate of $1.88 per common share.

Why did REFI declare a special dividend of $0.18 for 2024?

The special dividend was required to maintain compliance with U.S. federal income tax rules for REITs, based on estimated performance for 2024.

What is the total combined dividend payment for REFI shareholders in Q4 2024?

The total combined dividend payment is $0.65 per share, consisting of a $0.47 regular dividend and a $0.18 special dividend.

Chicago Atlantic Real Estate Finance, Inc.

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