Chicago Atlantic BDC, Inc. (LIEN) To Go Ex-Dividend on March 28th

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

Chicago Atlantic BDC Price Performance

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

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.