Advanced Flower Capital Announces Quarterly Dividend of $0.05 per Share
Advanced Flower Capital (NASDAQ:AFCG) has declared a quarterly dividend of $0.05 per share, consistent with its previous payout levels. The forward yield is currently estimated at 5.71%. The dividend will be payable on October 15 to shareholders who are registered as of September 30, and the stock will trade ex-dividend starting that same date. The company also mentioned a $12.5 million DEBI asset sale expected to close this year, with an overall pipeline valued at $1.3 billion. This development could support continued shareholder returns through dividends or share repurchases.
Tickers: $AFCG
Topics: dividends shareholder returns