AFC Gamma declares fourth quarter dividends

AFC Gamma, Inc. AFCG has announced its dividend for the quarter ending December 31, 2022.

AFC Gamma's Board of Directors has declared a quarterly dividend of $0.56 for the quarter ending December 31, 2022 per outstanding common share, payable January 13, 2023 to common stockholders of record on December 31, 2022. The December quarterly dividend represents a 12% year-over-year dividend increase.

About AFC Gamma, Inc.

AFC Gamma is an institutional lender that offers a range of lending solutions primarily to established operators in the cannabis industry. AFC Gamma primarily originates, structures and underwrites senior secured loans and other types of operator financing in states that have legalized medical and/or adult cannabis. AFC Gamma's management team has over 100 years of combined experience in investment management and disciplined credit investing across a range of economic cycles.

Get your daily dose of cannabis news at Benzinga Cannabis. Don't miss any important developments in the industry.

Photo by Mackenzie Marco on Unsplash

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AFC Gamma declares fourth quarter dividends

AFC Gamma, Inc. AFCG has announced its dividend for the quarter ending December 31, 2022.

AFC Gamma's Board of Directors has declared a quarterly dividend of $0.56 for the quarter ending December 31, 2022 per outstanding common share, payable January 13, 2023 to common stockholders of record on December 31, 2022. The December quarterly dividend represents a 12% year-over-year dividend increase.

About AFC Gamma, Inc.

AFC Gamma is an institutional lender that offers a range of lending solutions primarily to established operators in the cannabis industry. AFC Gamma primarily originates, structures and underwrites senior secured loans and other types of operator financing in states that have legalized medical and/or adult cannabis. AFC Gamma's management team has over 100 years of combined experience in investment management and disciplined credit investing across a range of economic cycles.

Get your daily dose of cannabis news at Benzinga Cannabis. Don't miss any important developments in the industry.

Photo by Mackenzie Marco on Unsplash

Related News

AFC Gamma's third quarter net profit increases 45%, what about dividend payments?

AFC Gamma Q2 2022 net profit increases 147%, what about distributable profits?

AFC Gamma and NewLake Capital Partners both increase their dividends

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