Chicago Atlantic Real Estate Finance, Inc.
REFIReal Estate · Stock · quarterly payer
$11.30
Add to PortfolioForward Yield
16.67%
Annual Dividend
$1.88
Payout Ratio
131%
5-Yr Growth
—
Ex-Date
Mar 31, 2026
Frequency
Quarterly
REFI Dividend Safety Score
66/ 100
Grade B
Safe
Dividend-growth streak3 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage131% of earnings paid out
Balance-sheet strengthDebt/equity of 0.38
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is REFI a good dividend stock?
Yes, with caveatsChicago Atlantic Real Estate Finance, Inc. (REFI) pays a quarterly dividend yielding 16.67% ($1.88/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (131%)
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 16.67%
- Payout Ratio
- 131%
- Annual Dividend
- $1.88
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Mar 31, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.30
- Market Cap
- $239.6M
- P/E Ratio
- 7.8
- 5-Yr Total Return
- —
- 52-Week Range
- $10.74 – $14.97
- Dividend Safety
- B · 66/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 31, 2026 | — | $0.4700 | regular |
| Dec 31, 2025 | — | $0.4700 | regular |
| Sep 30, 2025 | — | $0.4700 | regular |
| Jun 30, 2025 | — | $0.4700 | regular |
| Mar 31, 2025 | — | $0.4700 | regular |
| Dec 31, 2024 | — | $0.6500 | regular |
| Sep 30, 2024 | — | $0.4700 | regular |
| Jun 28, 2024 | — | $0.4700 | regular |
| Mar 27, 2024 | — | $0.4700 | regular |
| Dec 28, 2023 | — | $0.7600 | regular |
| Sep 28, 2023 | — | $0.4700 | regular |
| Jun 29, 2023 | — | $0.4700 | regular |
| Mar 30, 2023 | — | $0.4700 | regular |
| Dec 29, 2022 | — | $0.7600 | regular |
Income Calculator
At $1.88 / yr per share
Per payment (quarterly)$47.00
Annual$188.00
Monthly avg$15.67
