Chicago Atlantic BDC Announces Q3 NII per Share of 42 Cents, Up from 34 Cents Last Quarter
Investment Income Overview: The total gross investment income reached $15.1 million, with interest income contributing $13.8 million, including $1.9 million from one-time pre-payment premiums.
Portfolio Performance: The net asset value per share was reported at $13.27 as of September 30, 2025, with eleven portfolio companies funded totaling $66.3 million in aggregate par value during Q3 2025.
CEO's Insights: CEO Peter Sack highlighted the company's unique position in the BDC industry, emphasizing strong portfolio quality, no loans on non-accrual, and low exposure to third-party originators amidst common industry concerns.
Future Strategy: The company achieved a record $66.7 million in gross originations during the quarter and plans to leverage available liquidity for new opportunities while maintaining a patient, under-levered approach.
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Chicago Atlantic BDC, Inc. Announces Financial Results for Q3 2025
Financial Performance: Chicago Atlantic BDC, Inc. reported a total gross investment income of $15.1 million for Q3 2025, with net investment income of $9.5 million, translating to $0.42 per share. The company's net asset value per share increased to $13.27.
Investment Activity: The company funded eleven portfolio companies with a total par value of $66.3 million during the quarter and made an additional $5.0 million investment to a new borrower after the quarter ended.
Dividend Declaration: The Board of Directors declared a cash dividend of $0.34 per share for the quarter ending December 31, 2025, payable on January 15, 2026, to shareholders of record on December 31, 2025.
Liquidity Position: As of September 30, 2025, Chicago Atlantic BDC had $99.5 million in liquidity, including $10.5 million in cash and cash equivalents, and maintained a conservative leverage approach to capitalize on future investment opportunities.
Chicago Atlantic BDC, Inc. Declares $0.34 Cash Dividend for Third Quarter 2025
Dividend Announcement: Chicago Atlantic BDC, Inc. has declared a cash dividend of $0.34 per share for the quarter ending September 30, 2025, with a record date of September 29 and payment date of October 10, 2025.
Investment Focus: The company specializes in financing middle-market companies, particularly in the cannabis sector, and offers a dividend reinvestment plan (DRIP) for stockholders who wish to reinvest their dividends.