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Chicago Atlantic expects to maintain dividend payout ratio of 90%-100% in 2024
The Fly

Chicago Atlantic expects to maintain dividend payout ratio of 90%-100% in 2024

Chicago Atlantic offered the following outlook for full year 2024: 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. If the Company’s taxable income requires additional distribution in excess of the regular quarterly dividend, in order to meet its 2024 taxable income distribution requirements, the Company expects to meet that requirement with a special dividend in the fourth quarter of 2024.

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