Chicago Atlantic BDC Declares $0.34 Quarterly Dividend, Sixth Consecutive Quarter
Chicago Atlantic BDC, Inc., a business development company focused on specialty finance, declared a $0.34 per share cash dividend for the quarter ending March 31, 2026. The payment marks the sixth consecutive quarter at that rate.
Chicago Atlantic BDC, Inc. (NASDAQ: LIEN), a business development company focused on specialty finance, declared a $0.34 per share cash dividend for the quarter ending March 31, 2026. The payment marks the sixth consecutive quarter the company has maintained that rate. Read more dividend announcements.
The dividend will be paid on April 14, 2026 to shareholders of record on March 30, 2026.
| Dividend Details | Information |
|---|---|
| Amount | $0.34 per share |
| Record Date | March 30, 2026 |
| Payment Date | April 14, 2026 |
| Frequency | Quarterly |
Fourth Quarter Financial Performance
For the quarter ended December 31, 2025, Chicago Atlantic BDC reported net investment income of $8.3 million, or $0.36 per weighted average share outstanding. Total gross investment income for the period reached $14.2 million.
The company's total investment portfolio stood at $333.3 million at fair value as of December 31, 2025. Net asset value per share was $13.30 at year-end, up from $13.27 at September 30, 2025 and $13.20 at December 31, 2024.
Chicago Atlantic BDC funded seven portfolio companies with $31.7 million in aggregate par value during the fourth quarter of 2025. The company maintained zero non-accruals and a weighted average portfolio yield of 15.8%.
Full Year 2025 Results
For the fiscal year ended December 31, 2025, total investment income reached $54.3 million. Net investment income for the full year was $33.1 million, or $1.45 per weighted average share.
Net expenses for the year totaled $21.2 million, resulting in a net increase in net assets from operations of $33.3 million, or $1.46 per weighted average share.
Liquidity Position
As of December 31, 2025, the company had $77.9 million of liquidity, including $2.9 million of cash and $75.0 million available under its $100.0 million senior credit facility. As of March 18, 2026, Chicago Atlantic BDC had $54.5 million outstanding on its credit facility and approximately $47.5 million of liquidity.
Total net assets as of December 31, 2025 were $303.4 million, compared to $302.9 million at September 30, 2025. The company had 22,820,590 common shares issued and outstanding on a basic and fully diluted basis as of year-end.
Recent Portfolio Activity
Subsequent to year-end, Chicago Atlantic BDC funded $93.9 million in aggregate par value to seven borrowers. This included $35.5 million to three new portfolio companies and $58.4 million to existing borrowers, including a $38.3 million refinance to its largest borrower.
Two positions fully paid off during the period, totaling $13.6 million.