WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq:AFCG) (“AFC”) today announced its dividend for the quarter ending December 31, 2024.
Advanced Flower Capital offers a 13.7% dividend yield, which is covered by its distributable earnings per share. AFCG's cautious underwriting and strategic equity raises ensure resilience and capitalize on current market opportunities, despite potential regulatory changes. AFCG stock's valuation remains attractive with a price/book ratio near 1.0x and a 13.7% yield, though short-term downside r...
Advanced Flower Capital Inc. (NASDAQ:AFCG ) Q3 2024 Earnings Conference Call November 13, 2024 10:00 AM ET Company Participants Gabriel Katz - Chief Legal Officer Robyn Tannenbaum - President & Chief Investment Officer Daniel Neville - Chief Executive Officer Brandon Hetzel - Chief Financial Officer Conference Call Participants Pablo Zuanic - Zuanic & Associates Operator Good morning, and welco...
Third quarter 2024 GAAP net inc ome of $1.4 million or $0.06 per basic weighted average common share and Distributable Earnings ( 1 ) of $7.2 million or $0.35 per basi c weighted average common share
The cannabis industry in the US is on the rise, with legalization efforts moving forward and supporting sector growth. This week, top cannabis REIT stocks, such as Innovative Industrial Properties, AFC Gamma, and NewLake Capital Partners, are in focus as they offer financial support through real estate. Current policies on state ballots could further influence the cannabis market, as several st...
One of the best ways to retire rich is by investing in dividend stocks. To do so, you need to aggressively invest in high-yielding stocks and reinvest the dividends continuously until you consider retirement.
The cannabis industry in the US continues to experience rapid growth, with an estimated market size of $32 billion in 2024. This expansion is fueled by increasing state-level legalization and a growing consumer base. Cannabis REITs are emerging as key players, providing real estate and capital to cannabis operators. These REITs offer attractive dividend yields, often exceeding 7%, making them a...
The US cannabis industry is growing rapidly, with sales projected to reach $46 billion by 2025. This growth opens opportunities for ancillary marijuana stocks, especially real estate investment trusts (REITs) that support cannabis companies. Cannabis REITs, like Innovative Industrial Properties (IIPR), offer high dividend yields, making them attractive to income-focused investors. News about po...
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