AFC Gamma announces a $0.48 quarterly dividend, a 14.63% yield, and a 92.8% payout ratio.
AFC Gamma, Inc. (AFCG) announced a quarterly dividend of $0.48 per share on March 4, payable to shareholders of record by March 31. The ex-dividend date is March 27. The annualized dividend represents a 14.63% yield. AFC Gamma has a payout ratio of 92.8%, with expected future earnings of $2.00 per share allowing for continued dividend coverage. Shares of AFCG rose to $13.08 on the news.
March 25, 2024
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