# Chicago Atlantic Real Estate Finance, Inc. (REFI): Dividend & Fundamentals

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- Sector: Real Estate · Industry: REIT - Mortgage
- Exchange: NASDAQ · Trading currency: USD

Chicago Atlantic Real Estate Finance, Inc. functions as a commercial real estate financing enterprise operating throughout the United States. Its primary activities include developing, arranging, and deploying capital into various secured debt instruments, notably first mortgage loans, which are collateralized by commercial properties. A specific area of focus for the company is extending senior-priority loans to both state-approved operators and property owners within the legal cannabis industry. Chicago Atlantic has chosen to be taxed as a Real Estate Investment Trust (REIT), which allows...

## Quote & Key Metrics

As of 2026-10-23:

| Metric | Value |
|---|---|
| Price | $9.37 USD |
| Market Cap | $240.1M |
| P/E (TTM) | 5.18 |
| EPS (TTM) | $1.81 |
| 52-Week Range | $8.76 – $13.49 |
| Dividend Yield (TTM) | 20.06% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 20.06% |
| Annual Dividend (TTM) | $1.88 /share |
| Annual Dividend (Forward) | $1.88 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 0 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 0.0% / 0.0% / — / — |
| Payout Ratio (EPS, TTM) | 137.2% |
| Payout Ratio (FCF, TTM) | 148.3% |
| Payout Ratio (EPS, forward dividend) | 137.2% |
| Payout Ratio (FCF, forward dividend) | 148.3% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-09-30 | $0.4700 | 2026-10-15 |
| 2026-06-30 | $0.4700 | 2026-07-15 |
| 2026-03-31 | $0.4700 | 2026-04-15 |
| 2025-12-31 | $0.4700 | 2026-01-15 |
| 2025-09-30 | $0.4700 | 2025-10-15 |
| 2025-06-30 | $0.4700 | 2025-07-15 |
| 2025-03-31 | $0.4700 | 2025-04-15 |
| 2024-12-31 | $0.6500 | 2025-01-13 |
| 2024-09-30 | $0.4700 | 2024-10-15 |
| 2024-06-28 | $0.4700 | 2024-07-15 |
| 2024-03-27 | $0.4700 | 2024-04-15 |
| 2023-12-28 | $0.7600 | 2024-01-12 |

Full history: https://www.dividenddata.com/stocks/refi/dividend

## Frequently Asked Questions

### What does Chicago Atlantic Real Estate Finance, Inc. do?

Chicago Atlantic Real Estate Finance, Inc. (REFI) operates in the REIT - Mortgage industry within the Real Estate sector. Full company description, peers, and segment breakdown are on the page above.

### What is REFI's market cap?

Chicago Atlantic Real Estate Finance, Inc. (REFI) has a market capitalization of approximately $240.1 million, as of October 23, 2026, based on the most recent share price and shares outstanding.

### Does REFI pay a dividend?

Yes, Chicago Atlantic Real Estate Finance, Inc. (REFI) pays a dividend quarterly, with a trailing-twelve-month yield of 20.06%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does REFI pay dividends?

Chicago Atlantic Real Estate Finance, Inc. pays dividends quarterly. The forward annual rate is $1.88 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is REFI's payout ratio?

Chicago Atlantic Real Estate Finance, Inc.'s payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

### How are REFI's dividends taxed?

Chicago Atlantic Real Estate Finance, Inc. (REFI) is a real estate investment trust (REIT). REIT distributions are typically a mix of ordinary income, capital gains, and return of capital, and are reported on Form 1099-DIV. Consult a tax advisor for your specific situation. This is not tax advice.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/refi
- Dividend history & safety: https://www.dividenddata.com/stocks/refi/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/refi/earnings
- Financial statements: https://www.dividenddata.com/stocks/refi/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/refi/valuation
- Peer comparison: https://www.dividenddata.com/stocks/refi/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.