REFI - NASDAQ
Chicago Atlantic Real Estate Finance, Inc.
$11.06
-2.0%Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company offers senior loans to state-licensed operators and property owners in the cannabis industry. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2021 and is based in Chicago, Illinois.
At a Glance
Live SnapshotChicago Atlantic Real Estate Finance, Inc. Dividend History
REFI Dividend Payment History
Total Payments
18
Latest Dividend
$0.4700
Annual Amount
$2.3500
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Mar 13, 2026 | Mar 31, 2026 | Apr 15, 2026 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Dec 19, 2025 | Dec 31, 2025 | Jan 15, 2026 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Sep 12, 2025 | Sep 30, 2025 | Oct 15, 2025 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Jun 16, 2025 | Jun 30, 2025 | Jul 15, 2025 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Mar 17, 2025 | Mar 31, 2025 | Apr 15, 2025 | $0.4700 | $0.4700 | Quarterly | -27.69% |
Dec 20, 2024 | Dec 31, 2024 | Jan 13, 2025 | $0.6500 | $0.6500 | Quarterly | +38.30% |
Sep 16, 2024 | Sep 30, 2024 | Oct 15, 2024 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Jun 14, 2024 | Jun 28, 2024 | Jul 15, 2024 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Mar 15, 2024 | Mar 28, 2024 | Apr 15, 2024 | $0.4700 | $0.4700 | Quarterly | -38.16% |
Dec 18, 2023 | Dec 29, 2023 | Jan 12, 2024 | $0.7600 | $0.7600 | Quarterly | +61.70% |
Sep 18, 2023 | Sep 29, 2023 | Oct 13, 2023 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Jun 16, 2023 | Jun 30, 2023 | Jul 14, 2023 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Mar 15, 2023 | Mar 31, 2023 | Apr 14, 2023 | $0.4700 | $0.4700 | Quarterly | -38.16% |
Dec 15, 2022 | Dec 30, 2022 | Jan 13, 2023 | $0.7600 | $0.7600 | Quarterly | +61.70% |
Sep 14, 2022 | Sep 30, 2022 | Oct 14, 2022 | $0.4700 | $0.4700 | Quarterly | 0.00% |
Jun 15, 2022 | Jun 30, 2022 | Jul 15, 2022 | $0.4700 | $0.4700 | Quarterly | +17.50% |
Mar 22, 2022 | Mar 31, 2022 | Apr 14, 2022 | $0.4000 | $0.4000 | Quarterly | +53.85% |
N/A | Dec 31, 2021 | Jan 14, 2022 | $0.2600 | $0.2600 | Quarterly | - |
Chicago Atlantic Real Estate Finance, Inc. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Unsustainable payout—company paying more than it earns. Likely funded by debt, asset sales, or cash reserves. Dividend cut probable unless earnings recover quickly.
FCF Payout Ratio
FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.
Dividend Growth
Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.
Sustainability
Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.
Key Insight
Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.
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