Dumont & Blake Investment Advisors LLC Has $174,000 Stock Holdings in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI)

Dumont & Blake Investment Advisors LLC cut its holdings in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) by 50.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,217 shares of the company’s stock after selling 11,217 shares during the quarter. Dumont & Blake Investment Advisors LLC owned about 0.06% of Chicago Atlantic Real Estate Finance worth $174,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of REFI. Larson Financial Group LLC increased its position in Chicago Atlantic Real Estate Finance by 328.8% during the first quarter. Larson Financial Group LLC now owns 1,578 shares of the company’s stock worth $25,000 after acquiring an additional 1,210 shares during the period. Register Financial Advisors LLC bought a new stake in shares of Chicago Atlantic Real Estate Finance in the 1st quarter worth about $33,000. Doliver Advisors LP bought a new stake in shares of Chicago Atlantic Real Estate Finance in the 3rd quarter worth about $171,000. O Shaughnessy Asset Management LLC lifted its position in Chicago Atlantic Real Estate Finance by 4.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 17,501 shares of the company’s stock worth $276,000 after buying an additional 747 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in Chicago Atlantic Real Estate Finance by 7.7% during the 2nd quarter. Rhumbline Advisers now owns 23,754 shares of the company’s stock worth $365,000 after buying an additional 1,689 shares in the last quarter. 25.48% of the stock is currently owned by institutional investors and hedge funds.

Chicago Atlantic Real Estate Finance Trading Down 1.2 %

Chicago Atlantic Real Estate Finance stock opened at $15.22 on Friday. Chicago Atlantic Real Estate Finance, Inc. has a 1 year low of $13.86 and a 1 year high of $17.65. The company has a market cap of $298.62 million, a PE ratio of 7.69 and a beta of 0.20. The company’s 50-day moving average is $15.68 and its two-hundred day moving average is $15.64.

Chicago Atlantic Real Estate Finance Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.47 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 12.35%. Chicago Atlantic Real Estate Finance’s dividend payout ratio (DPR) is presently 94.95%.

About Chicago Atlantic Real Estate Finance

Chicago Atlantic Real Estate Finance, Inc operates as a commercial real estate finance company in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes offers senior loans to state-licensed operators in the cannabis industry.