AFC Gamma Announces Fourth Quarter Dividend
December 15 2022 - 8:00AM
AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced its
dividend for the quarter ending December 31, 2022.
The Board of Directors of AFC Gamma declared a quarterly
dividend of $0.56 for the quarter ending December 31, 2022 per
outstanding share of common stock, payable on January 13, 2023 to
the common stockholders of record on December 31, 2022. The
December quarterly dividend represents a 12% year-over-year
dividend increase.
About AFC Gamma, Inc.
AFC Gamma, Inc. (NASDAQ:AFCG) is an institutional lender that
provides a range of lending solutions primarily to established
operators in the cannabis industry. AFC Gamma primarily originates,
structures and underwrites senior secured loans and other types of
financing to operators in states that have legalized medicinal
and/or adult-use cannabis. AFC Gamma’s senior management team has
over 100 years of combined experience in investment management and
disciplined credit investing across a range of economic cycles.
Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995
that reflect the company’s current views and projections with
respect to, among other things, future events and financial
performance. All statements other than historical facts, are
forward-looking statements. Words such as “believes,” “expects,”
“will,” “intends,” “plans,” “guidance,” “estimates,” “projects,”
“anticipates,” and “future” or similar expressions are intended to
identify forward-looking statements. These forward-looking
statements are subject to the inherent uncertainties in predicting
future results and conditions and are not guarantees of future
performance, conditions or results. Certain factors, risks
and uncertainties discussed under the caption “Risk Factors” and
elsewhere in AFC Gamma’s most recently filed periodic reports on
Form 10-K and Form 10-Q and subsequent filings, could cause actual
results and performance to differ materially from those projected
in these forward-looking statements.
AFC GAMMA, INC. INVESTOR CONTACT:
Robyn Tannenbaum561-510-2293
ir@advancedflowercapital.comwww.afcgamma.com
AFC GAMMA, INC. MEDIA CONTACT:
Mark SinclairMATTIO Communicationsmark@mattio.com
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