REFI Dividend History & Yield

Chicago Atlantic Real Estate Finance, Inc. · NasdaqGM

Stock Real Estate Quarterly payer High yieldMreitREIT
$10.95
+0.83% today
as of Sep 9, 2026
TTM yield
17.17%
$1.88/share over the last 12 months
Forward yield
17.17%
$1.88/share indicated annual rate
Annual dividend
$1.88
per share, forward
Per payment
$0.47
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 29, 2026 Estimated
in 20 days
Next pay date
Oct 14, 2026
in 35 days
Last ex-dividend date
Jun 30, 2026
$0.47 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
277.5M
P/E 8.0
3y dividend CAGR
-4.7%
annualised (too young for 5y)
Growth streak
0 yrs
no current streak
Years paying
4.4
since Mar 30, 2022
1y total return
-9.9%
price -23.1% + dividends 13.2%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 29, 2026 (in 20 days) Oct 14, 2026 $0.47 $47.00 Estimated
Tue, Dec 29, 2026 (in 111 days) Jan 13, 2027 $0.47 $47.00 Estimated
Tue, Mar 30, 2027 (in 202 days) Apr 14, 2027 $0.47 $47.00 Estimated
Tue, Jun 29, 2027 (in 293 days) Jul 14, 2027 $0.47 $47.00 Estimated

Estimated dates and amounts are projected from REFI's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.88 per share.

Dividend payment history

Last 18 payments per share. RegularSpecial

Last 18 payments per share from Mar 30, 2022 to Jun 30, 2026; most recent $0.47$0.00$0.40$0.80Mar 30, 2022: $0.40Mar '22Jun 29, 2022: $0.47Sep 29, 2022: $0.47Dec 29, 2022: $0.76Dec '22Mar 30, 2023: $0.47Jun 29, 2023: $0.47Sep 28, 2023: $0.47Sep '23Dec 28, 2023: $0.76Mar 27, 2024: $0.47Jun 28, 2024: $0.47Jun '24Sep 30, 2024: $0.47Dec 31, 2024: $0.65Mar 31, 2025: $0.47Mar '25Jun 30, 2025: $0.47Sep 30, 2025: $0.47Dec 31, 2025: $0.47Dec '25Mar 31, 2026: $0.47Jun 30, 2026: $0.47

Annual dividends per share

Annual dividend per share by calendar year, 2022 to 2026 (year to date)$0.00$1.25$2.502022: $2.10$2.1020222023: $2.17$2.1720232024: $2.06$2.0620242025: $1.88$1.8820252026 (YTD): $0.94$0.942026 YTD

How much REFI do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month639$6,989$1,200
$500 / month3,192$34,947$6,000
$1,000 / month6,383$69,894$12,000

Based on the forward yield of 17.17%. $10,000 in REFI would currently pay about $1,717 a year ($143 a month on average). Model reinvestment and growth →

REFI dividend history

Download CSV
Ex-datePay dateAmountChange
Jun 30, 2026 Jul 15, 2026 $0.47 +0.0%
Mar 31, 2026 Apr 15, 2026 $0.47 +0.0%
Dec 31, 2025 Jan 15, 2026 $0.47 +0.0%
Sep 30, 2025 Oct 15, 2025 $0.47 +0.0%
Jun 30, 2025 Jul 15, 2025 $0.47 +0.0%
Mar 31, 2025 Apr 15, 2025 $0.47 -27.7%
Dec 31, 2024 Jan 13, 2025 $0.65 +38.3%
Sep 30, 2024 Oct 15, 2024 $0.47 +0.0%
Jun 28, 2024 Jul 15, 2024 $0.47 +0.0%
Mar 27, 2024 Apr 15, 2024 $0.47 -38.2%
Dec 28, 2023 Jan 12, 2024 $0.76 +61.7%
Sep 28, 2023 Oct 13, 2023 $0.47 +0.0%
Jun 29, 2023 Jul 14, 2023 $0.47 +0.0%
Mar 30, 2023 Apr 14, 2023 $0.47 -38.2%
Dec 29, 2022 Jan 13, 2023 $0.76 +61.7%
Sep 29, 2022 Oct 14, 2022 $0.47 +0.0%
Jun 29, 2022 Jul 15, 2022 $0.47 +17.5%
Mar 30, 2022 Apr 14, 2022 $0.40

REFI dividend increases & cuts

Market-wide changes →

No change to REFI's regular dividend detected in the last year of data.

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicElevated risk

REFI scores 50/100 on our yield-trap heuristic (elevated risk).

3 warning flags raised:

  • Yield above 12%, far above market norms
  • Payment was cut within the last 5 years
  • Share price down more than 15% over 1 year

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Chicago Atlantic Real Estate Finance, Inc.

Chicago Atlantic Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States. It engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company's loan portfolio is comprised of senior loans to state-licensed operators in the cannabis industry. It has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Chicago Atlantic Real Estate Finance, Inc.

Sector: Real Estate. Industry: REIT - Mortgage. First dividend on our records: Mar 30, 2022. 18 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

REFI dividend FAQ

When is REFI's next ex-dividend date?

REFI's next ex-dividend date is Sep 29, 2026 (in 20 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.47 per share, expected on Oct 14, 2026.

How often does REFI pay dividends?

REFI pays dividends every quarter, 4 times a year. The most recent payment was $0.47 per share with an ex-date of Jun 30, 2026.

What is REFI's dividend yield?

REFI's trailing 12-month dividend yield is 17.17%, based on $1.88 per share paid over the last year and a share price of $10.95. The forward yield, using the indicated annual rate of $1.88 per share, is 17.17%.

How much does REFI pay per share?

REFI pays about $0.47 per share each quarter, which works out to roughly $1.88 per share a year. 100 shares would collect about $188.00 a year.

Has REFI grown or cut its dividend?

Over the last 3 years the regular payout changed -4.7% a year. REFI did cut a regular payment within the last 5 years.

How many shares of REFI do I need to earn $100 a month?

At the current forward yield of 17.17%, you would need about 639 shares of REFI (roughly $6,989 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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