Chicago Atlantic Real Estate Finance, Inc. (REFI) Tops Q4 EPS by 7c

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) reported Q4 EPS of $0.57, $0.07 better than the analyst estimate of $0.50.

2023 Outlook

Chicago Atlantic offered the following outlook for full year 2023:

• The Company expects to maintain a dividend payout ratio (based on Distributable Earnings per weighted average diluted share) of approximately 90% to 100% on a full year basis.
• The regular quarterly common dividend is expected to be a minimum of $0.47 per weighted average diluted share.
• If its Net Income requires additional dividends over and above the regular quarterly dividend amount to meet its 2023 taxable income distribution requirements, the Company expects to meet that requirement with a special dividend in the fourth quarter of 2023.

For earnings history and earnings-related data on Chicago Atlantic Real Estate Finance, Inc. (REFI) click here.

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