Chicago Atlantic BDC, Inc. Plans Quarterly Dividend of $0.34 (NASDAQ:LIEN)

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

Chicago Atlantic BDC Stock Down 0.4 %

LIEN opened at $11.31 on Wednesday. The stock has a market cap of $70.29 million, a PE ratio of 17.14 and a beta of 0.24. The company has a 50-day simple moving average of $11.65. Chicago Atlantic BDC has a 12 month low of $8.38 and a 12 month high of $13.38.

About Chicago Atlantic BDC

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.