Bank of America just raised its EUR/USD forecast
Chicago Atlantic BDC, Inc. (NASDAQ:LIEN) Chief Executive Officer Peter Sack recently acquired 50 shares of the company’s common stock. The purchase, made on April 17, 2025, was executed at a price of $10.50 per share, totaling $525. The transaction comes as the stock trades near its 52-week low of $10.22, while offering an attractive dividend yield of ~13%. According to InvestingPro, the company maintains strong liquidity with a current ratio of 4.11. Following this transaction, Sack’s direct ownership in the company stands at 3,468 shares. The $239.5M market cap company trades at a P/E ratio of 11.5, and InvestingPro analysis reveals several more key insights about LIEN’s financial health and growth potential in their comprehensive Pro Research Report.
In other recent news, Chicago Atlantic BDC Inc. reported a significant increase in its Q4 2024 financial performance, with gross investment income rising to $12.7 million from $3.7 million in the previous year. The company also declared a 36% higher dividend of $0.34 per share, reflecting its strong income growth. Chicago Atlantic BDC launched its first full quarter of operations and closed a $100 million credit facility, which it plans to utilize in expanding its lending operations. The firm’s net investment income reached $8.0 million, or $0.35 per share, and it maintains a high yield on debt investments at 16.5%, exceeding the industry average. The company is focused on expanding its lending in both cannabis and non-cannabis markets, supported by a pipeline of potential investments totaling $644 million. Analysts from Ladenburg Thalmann note that Chicago Atlantic BDC’s weighted average yield on debt investments is notably higher than the BDC average. The company emphasizes its strategic focus on high-yield investments and disciplined underwriting, which has contributed to its robust financial performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.