CA

Chicago Atlantic BDC, Inc.

LIEN·NASDAQ

$9.82

-0.46%
Financial ServicesAsset Management

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.

At a Glance

Live Snapshot
Market Cap$224.10M
EPS1.4600
P/E Ratio6.73
Earnings Date08/13/2026
7.28%
Dividend Yield
121%
3Y-
5Y-
10Y-
0.00%
Dividend Payout Ratio
-100%
3Y-
5Y-
10Y-
3Y+98.0%
5Y+98.0%
10Y+98.0%
CA

Chicago Atlantic BDC, Inc. Dividend History

LIEN · NASDAQ
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

LIEN Dividend Payment History

LIEN · NASDAQ

Total Payments

12

Latest Dividend

$0.3400

Annual Amount

$1.7000

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 12, 2026
Jun 26, 2026Jul 10, 2026
$0.3400
$0.3400
Quarterly0.00%
Mar 18, 2026
Mar 30, 2026Apr 14, 2026
$0.3400
$0.3400
Quarterly0.00%
Nov 11, 2025
Dec 31, 2025Jan 15, 2026
$0.3400
$0.3400
Quarterly0.00%
Aug 12, 2025
Sep 29, 2025Oct 10, 2025
$0.3400
$0.3400
Quarterly0.00%
May 14, 2025
Jun 27, 2025Jul 11, 2025
$0.3400
$0.3400
Quarterly0.00%
Mar 14, 2025
Mar 28, 2025Apr 11, 2025
$0.3400
$0.3400
Quarterly0.00%
Dec 6, 2024
Dec 19, 2024Dec 27, 2024
$0.3400
$0.3400
Quarterly+36.00%
Aug 8, 2024
Sep 19, 2024Sep 27, 2024
$0.2500
$0.2500
Quarterly0.00%
May 10, 2024
Jun 20, 2024Jun 28, 2024
$0.2500
$0.2500
Quarterly0.00%
N/A
Mar 20, 2024Mar 28, 2024
$0.2500
$0.2500
Quarterly-64.29%
Nov 9, 2023
Dec 20, 2023Dec 29, 2023
$0.7000
$0.7000
Quarterly+11.11%
Aug 10, 2023
Sep 15, 2023Sep 29, 2023
$0.6300
$0.6300
Quarterly-
l

Chicago Atlantic BDC, Inc. Payout Ratio Analysis

LIEN · NASDAQ
Dividends Paid
-23.27M
2025
Net Income
33.28M
2025
Payout Ratio
69.94%
2025

Dividend Sustainability Analysis

Payout Ratio
69.94%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-113.7%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
-87.4%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.