Chicago Atlantic BDC, Inc. (NASDAQ:LIEN – Get Free Report) declared a quarterly dividend on Thursday, May 14th. Shareholders of record on Friday, June 26th will be given a dividend of 0.34 per share on Friday, July 10th. This represents a c) annualized dividend and a yield of 14.0%. The ex-dividend date is Friday, June 26th.
Chicago Atlantic BDC Trading Down 1.3%
Chicago Atlantic BDC stock opened at $9.70 on Friday. The stock has a market cap of $221.35 million, a price-to-earnings ratio of 6.47 and a beta of 0.25. The company’s 50-day moving average price is $9.54 and its two-hundred day moving average price is $10.12. Chicago Atlantic BDC has a 52 week low of $8.92 and a 52 week high of $11.44.
Chicago Atlantic BDC (NASDAQ:LIEN – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.36 by $0.08. The firm had revenue of $16.70 million for the quarter, compared to analysts’ expectations of $14.31 million. Chicago Atlantic BDC had a net margin of 57.88% and a return on equity of 11.69%. Research analysts expect that Chicago Atlantic BDC will post 1.49 earnings per share for the current fiscal year.
Chicago Atlantic BDC Company Profile
Chicago Atlantic BDC (NASDAQ:LIEN) is a closed-end management investment company organized as a business development company (BDC). It focuses on providing debt and equity financing solutions to U.S. middle-market companies that demonstrate strong growth potential. Through its public listing, the company offers investors exposure to a diversified portfolio of private credit and equity investments aimed at delivering attractive risk-adjusted returns.
The company’s investment strategy centers on structuring customized credit facilities, including senior secured loans, unitranche loans, mezzanine debt and equity co-investments.
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