Chicago Atlantic BDC, Inc. (LIEN) To Go Ex-Dividend on March 28th

Chicago Atlantic BDC, Inc. (NASDAQ:LIEN) announced a quarterly dividend on Thursday, March 13th, Wall Street Journal reports. Stockholders of record on Friday, March 28th will be paid a dividend of 0.34 per share on Friday, April 11th. This represents a $1.36 annualized dividend and a dividend yield of 12.02%. The ex-dividend date of this dividend is Friday, March 28th.

Chicago Atlantic BDC Trading Down 0.4 %

LIEN stock opened at $11.31 on Wednesday. The firm has a market capitalization of $70.29 million, a price-to-earnings ratio of 17.14 and a beta of 0.24. The firm’s fifty day moving average price is $11.65. Chicago Atlantic BDC has a one year low of $8.38 and a one year high of $13.38.

Chicago Atlantic BDC Company Profile

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.