DIVIDEND ANNOUNCEMENT: AFC Gamma Inc (NASDAQ:AFCG) on 12/15/2023 declared a dividend of $0.4800 per share

AFC Gamma Inc (NASDAQ:AFCG) on 12/15/2023 declared a dividend of $ 0.4800 per share payable on January 12, 2024 to shareholders of record as of December 31, 2023.

AFC Gamma Inc (NASDAQ:AFCG) has paid dividends since 2021, has a current dividend yield of 15.8154850006% and has increased its dividends for 1 successive years.

AFC Gamma Inc's market cap is $ 248,360,120 and has a PE ratio of 6.94. The stock price closed yesterday at $ 12.14 and has a 52 week low/high of $ 9.91 and $ 17.13.

AFC Gamma is a commercial real estate finance company. Co. is an institutional lender to the cannabis industry. Co. originates, structures and underwrites, and invests in senior secured loans and other types of loans and debt securities in states that have legalized medical and/or adult use cannabis. The loans Co. originates are primarily structured as senior loans secured by real estate, equipment, value associated with licenses and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties.

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