Chicago Atlantic Real Estate Finance, Inc.: dividend
Price
$8.61
November 13, 2026Market cap $221M
What Ploutos Investor adds for Chicago Atlantic Real Estate Finance
Part of Ploutos Investor, €9.99 a month
- The full history: 4 fiscal years, from 2022
- The estimated fair value, with its range and its certainty
- The full analysis, 18 a month
- More questions to the chat on its filings
- Excel with every year
- An email when it reports, changes its dividend or an officer buys
Sign in with a free account to see the last 5 fiscal years.
Notes on these figures
- The interest the company pays is far more than the debt we can read would cost, so part of its borrowing is missing from the figures. We leave out the debt, net cash, enterprise value and the multiples built on them.
- Earnings per share here are the last twelve months' earnings over today's shares, so they agree with the P/E. The number of shares changed a lot during the year, so they differ from the earnings per share the company filed, which use the year's average number of shares.
Yield
21.84%
$1.88 per share over the last 12 months, at a price of $8.61.
Forward yield21.84%($0.47 a quarter)
- FCF coverThe year's free cash flow covered 54% of the dividend. The rest came from borrowing or from reserves.
- 0.5x
- Payout157% of the last 12 months' earnings went to the dividend.
- 157%
- No cutYears in a row without a cut, in 4 years of figures.
- 0
- 5-year growthFewer than five years of dividends.
- –
The dividend year by year
What it paid per share each fiscal year, how much that changed, and the yield it gave at the price at year end.
- 2025Dividend per share$1.88
- 2024Dividend per share$2.06
- 2023Dividend per share$2.17
| Year | Dividend per share | Change | Price | Yield then | As % of earnings |
|---|---|---|---|---|---|
| 2025 | $1.88 | -8.7% | $12.26 | 15.33% | 112% |
| 2024 | $2.06 | -5.1% | $15.42 | 13.36% | 110% |
| 2023 | $2.17 | – | $16.18 | 13.41% | 103% |
Each fiscal year's dividend as the company states it in its filings, adjusted for stock splits. Special dividends count in the year they were paid.
The dividend year by year
REFI's dividend per share each fiscal year, from 2022 to 2022, 1 more fiscal year
Part of Ploutos Investor, €9.99 a month
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Everything it returns to shareholders
The dividend is one way. The other is buybacks, which reduce the number of shares.
Dividend yield
21.84%
$218.40 a year per $1,000 of shares
Buybacks
–
The share count rose by 0.9% over the year, so more shares were issued than bought back.
Total returned
21.84%
$218.40 a year per $1,000 of shares
The full analysis
What do Chicago Atlantic Real Estate Finance's filings show?
The dividend is one part of Chicago Atlantic Real Estate Finance's picture. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.
- A fair value range built from the filings
- Earnings quality, debt and red flags
- Insider and institutional moves
- The case for and the case against
What is REFI's dividend yield?
Chicago Atlantic Real Estate Finance paid $1.88 per share over the last 12 months. At a price of $8.61, that is a yield of 21.84%.
Does REFI cover its dividend with the cash it makes?
No, over the last year. Chicago Atlantic Real Estate Finance's free cash flow covered 54% of the dividend, and the rest came from borrowing or reserves.
Has REFI ever cut its dividend?
Chicago Atlantic Real Estate Finance has not cut its dividend for 0 years, in the 4 years of figures we hold.
Related pages
The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.
The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.