Chicago Atlantic BDC (LIEN) Expected to Announce Earnings on Monday

Chicago Atlantic BDC (NASDAQ:LIEN) is expected to issue its quarterly earnings data before the market opens on Monday, March 31st. Analysts expect the company to announce earnings of $0.28 per share and revenue of $11.00 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Chicago Atlantic BDC Price Performance

Shares of NASDAQ LIEN opened at $11.54 on Monday. The company’s 50-day moving average is $11.64. The stock has a market capitalization of $71.72 million, a PE ratio of 17.49 and a beta of 0.24. Chicago Atlantic BDC has a 1 year low of $8.38 and a 1 year high of $13.38.

Chicago Atlantic BDC Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Friday, March 28th will be given a dividend of $0.34 per share. The ex-dividend date is Friday, March 28th. This represents a $1.36 annualized dividend and a dividend yield of 11.79%. Chicago Atlantic BDC’s dividend payout ratio is presently 206.06%.

Chicago Atlantic BDC Company Profile

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.