Chicago Atlantic BDC’s 13% Yield Draws Fresh Scrutiny Ahead of June Dividend
Chicago Atlantic BDC closed Thursday at $9.86, up 0.41%, remaining about 26% below its $13.33 net asset value from March 31. Shareholders of record by June 26 qualify for a 34-cent dividend, payable July 10. The company reported first-quarter net investment income of $10 million, or 44 cents per share. Market cap stands at roughly $225 million.