Chicago Atlantic BDC (LIEN) to Release Quarterly Earnings on Monday

Chicago Atlantic BDC (NASDAQ:LIENGet Free Report) is anticipated to post its quarterly earnings results before the market opens on Monday, March 31st. Analysts expect Chicago Atlantic BDC to post earnings of $0.28 per share and revenue of $11.00 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Chicago Atlantic BDC Stock Performance

Shares of Chicago Atlantic BDC stock opened at $11.44 on Friday. Chicago Atlantic BDC has a one year low of $9.50 and a one year high of $13.38. The stock’s 50 day moving average is $11.69. The stock has a market capitalization of $71.10 million, a P/E ratio of 17.33 and a beta of 0.24.

Chicago Atlantic BDC Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 11th. Shareholders of record on Friday, March 28th will be paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 11.89%. The ex-dividend date is Friday, March 28th. Chicago Atlantic BDC’s dividend payout ratio (DPR) is presently 206.06%.

Chicago Atlantic BDC Company Profile

(Get Free Report)

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.

Further Reading

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