Chicago Atlantic Real Estate Finance, Inc. (REFI) Dividend History

NASDAQ: REFIYield, payment dates, growth and payout ratio.

REFI latest dividend

$0.47last dividend per share
Ex-dividend dateSep 30Wednesday, 2026
Payment dateOct 15Thursday, 2026

The next dividend has not been announced yet.

  • 2021paying since
  • Quarterly4 payments a year
  • —5-year growth a year
  • 20.19%forward yield

REFI dividend income calculator

Dividend income a year
$188
Each payment
$47
Value of the shares
$931
Dividend yield
20.19%

At the latest close; forward annual dividend $1.88 per share, before tax.

REFI dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

REFI dividend safety

Payout ratio (earnings)133.3%
Above earnings · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)152.3%
Above free cash flow · of fiscal 2025 free cash flow
Years of increases0
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

REFI yield on cost

Chicago Atlantic Real Estate Finance, Inc. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$13.2214.22%$1.8814.2%
3 years ago$14.6112.87%$6.1141.8%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

REFI dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 20 payments).

REFI dividends by year

Chicago Atlantic Real Estate Finance, Inc. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$1.88−8.7%15.33%4
2024$2.06−5.1%13.36%4
2023$2.17+3.3%13.41%4
2022$2.10—13.93%4
2021$0.26—1.56%1

REFI dividend history

20 payments
Chicago Atlantic Real Estate Finance, Inc. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-302026-10-15$0.47—Quarterly
2026-06-302026-07-15$0.47—Quarterly
2026-03-312026-04-15$0.47—Quarterly
2025-12-312026-01-15$0.47—Quarterly
2025-09-302025-10-15$0.47—Quarterly
2025-06-302025-07-15$0.47—Quarterly
2025-03-312025-04-15$0.47−27.7%Quarterly
2024-12-312025-01-13$0.65+38.3%Quarterly
2024-09-302024-10-15$0.47—Quarterly
2024-06-282024-07-15$0.47—Quarterly
2024-03-272024-04-15$0.47−38.2%Quarterly
2023-12-282024-01-12$0.76+61.7%Quarterly
2023-09-282023-10-13$0.47—Quarterly
2023-06-292023-07-14$0.47—Quarterly
2023-03-302023-04-14$0.47−38.2%Quarterly
2022-12-292023-01-13$0.76+61.7%Quarterly
Show all 20 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-09-292022-10-14$0.47—Quarterly
2022-06-292022-07-15$0.47+17.5%Quarterly
2022-03-302022-04-14$0.4+53.8%Quarterly
2021-12-302022-01-14$0.26—Quarterly

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

REFI stock split history

Chicago Atlantic Real Estate Finance has no stock splits on record.

REFI dividend overview

Chicago Atlantic Real Estate Finance pays an annual dividend of $1.88 per share, a yield of 20.19% at the latest close, paid quarterly. It paid $1.88 per share in 2025, down 8.7% from 2024. The payout ratio is 133.3% of trailing earnings.

Related: REFI cash flow statement, REFI key metrics, REFI chart. See the REFI stock overview for the latest quote and news.

REFI dividends FAQ

Does Chicago Atlantic Real Estate Finance pay a dividend?

Yes. Chicago Atlantic Real Estate Finance has paid a regular dividend since 2021, quarterly, most recently $0.47 per share with an ex-dividend date of September 30, 2026.

What is Chicago Atlantic Real Estate Finance's dividend yield?

Chicago Atlantic Real Estate Finance's forward annual dividend is $1.88 per share, a dividend yield of 20.19% at the latest close of $9.31.

How often does Chicago Atlantic Real Estate Finance pay dividends?

Chicago Atlantic Real Estate Finance pays dividends quarterly.

What is Chicago Atlantic Real Estate Finance's dividend payout ratio?

Chicago Atlantic Real Estate Finance pays out 133.3% of its trailing earnings as dividends and 152.3% of its free cash flow (fiscal 2025).

REIT - Mortgage: dividends