Chicago Atlantic BDC (NASDAQ:LIEN – Get 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
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
- Five stocks we like better than Chicago Atlantic BDC
- What Are Dividends? Buy the Best Dividend Stocks
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
- What is a penny stock? A comprehensive guide
- JPMorgan: The ‘NVIDIA of Banking’ Poised for More Gains?
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Buy the Chewy Stock Reversal? Here’s Why Now Is the Time
Receive News & Ratings for Chicago Atlantic BDC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chicago Atlantic BDC and related companies with MarketBeat.com's FREE daily email newsletter.