Chicago Atlantic BDC (NASDAQ:LIEN - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Chicago Atlantic BDC to post earnings of $0.28 per share and revenue of $11.00 million for the quarter. Parties interested in participating in the company's conference call can do so using this link.
Chicago Atlantic BDC Trading Up 1.4 %
LIEN traded up $0.16 during trading on Thursday, reaching $12.00. The company had a trading volume of 14,344 shares, compared to its average volume of 8,295. The firm has a market capitalization of $74.58 million, a P/E ratio of 18.18 and a beta of 0.24. Chicago Atlantic BDC has a 12-month low of $8.38 and a 12-month high of $13.38. The company has a 50-day moving average of $11.67.
Chicago Atlantic BDC Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 11.33%. The ex-dividend date is Friday, March 28th. Chicago Atlantic BDC's payout ratio is presently 206.06%.
About Chicago Atlantic BDC
(
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Chicago Atlantic BDC Inc is a specialty finance company which has elected to be regulated as a business development company. Its 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.
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