Dividends & Buybacks ·
Chicago Atlantic BDC, Inc. reported second quarter 2026 financial results with net investment income of $7.7 million…
LIENChicago Atlantic BDC, Inc.
Chicago Atlantic BDC, Inc. reported second quarter 2026 financial results with net investment income of $7.7 million ($0.34 per share), down from $10.0 million in the prior quarter. The company announced a third quarter dividend of $0.34 per share, payable on October 9, 2026, to shareholders of record as of September 25, 2026. Net asset value per share decreased slightly to $13.26 from $13.33. The company maintains a $73.9 million liquidity position and has filed for a $500 million shelf registration statement. Additionally, the filing reiterates details regarding the proposed merger with Chicago Atlantic Real Estate Finance, Inc., expected to close in the fourth quarter of 2026. Chicago Atlantic BDC is a specialty finance company regulated as a business development company that primarily invests in direct loans to privately held middle-market companies, with a focus on the cannabis industry.