Chicago Atlantic BDC, Inc. announced that its board of directors has declared a cash dividend of $0.34 per share for the quarter ending December 31, 2024. This represents a 36% increase from the $0.25 per share dividend paid for the quarter ended September 30, 2024.
The increased dividend demonstrates the Company's commitment to enhancing shareholder returns as its platform scales. This marks a significant boost in distributions for investors.
The dividend is payable to stockholders of record as of December 27, 2024, with a payment date of January 10, 2025. The Company also maintains a dividend reinvestment plan for eligible stockholders.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.