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hicago Atlantic Real Estate Finance, Inc. Declares Dividend for 2024 Tax Year CHICAGO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust (“REIT”), has declared its quarterly dividend and a special cash dividend to maintain compliance with U.S. federal income tax rules for REITs. The regular quarterly dividend is $0.47 per common share, payable on January 13, 2025, to shareholders of record as of December 31, 2024. This represents an annualized rate of $1.88 per common share.

    A special cash dividend of $0.18 per common share has also been declared, based on estimated performance for the year ending December 31, 2024. The special dividend is payable on January 13, 2025, to shareholders of record as of the close of business on December 31, 2024.

    Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) is a commercial mortgage REIT that originates senior secured loans primarily to state-licensed cannabis operators in limited-license states in the United States. The company has closed over $2.3 billion in credit facilities since inception and is part of the Chicago Atlantic platform with offices in Chicago, Miami, New York, and London.