{"id":794793,"date":"2024-12-13T08:03:31","date_gmt":"2024-12-13T13:03:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/advanced-flower-capital-inc-announces-dividend-for-the-fourth-quarter-2024\/"},"modified":"2024-12-13T08:03:31","modified_gmt":"2024-12-13T13:03:31","slug":"advanced-flower-capital-inc-announces-dividend-for-the-fourth-quarter-2024","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/advanced-flower-capital-inc-announces-dividend-for-the-fourth-quarter-2024\/","title":{"rendered":"Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">WEST PALM BEACH, Fla., Dec.  13, 2024  (GLOBE NEWSWIRE) &#8212; Advanced Flower Capital Inc. (f\/k\/a AFC Gamma, Inc.) (Nasdaq:AFCG) (\u201cAFC\u201d) today announced its dividend for the quarter ending December 31, 2024.<\/p>\n<p align=\"left\">The Board of Directors of AFC declared a quarterly dividend of $0.33 for the quarter ending December 31, 2024 per outstanding share of common stock, payable on January 15, 2025 to the common stockholders of record on December 31, 2024. The December quarterly dividend is in line with the September quarterly dividend.<\/p>\n<p align=\"left\">\n        <em>About Advanced Flower Capital, Inc.<\/em>\n      <\/p>\n<p align=\"left\">Advanced Flower Capital Inc. (Nasdaq: AFCG) is a leading commercial mortgage REIT that provides institutional loans to state law compliant cannabis operators in the U.S. Through the management team\u2019s deep network and significant credit and cannabis expertise, AFC originates, structures, underwrites and manages loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value and cash flows. It is based in West Palm Beach, Florida.<\/p>\n<p align=\"left\">\n        <em>Forward-Looking Statements<\/em>\n      <\/p>\n<p align=\"left\">This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the company\u2019s current views and projections with respect to, among other things, operating results and borrower activity.\u00a0 All statements other than historical facts, are forward-looking statements. Words such as \u201cbelieves,\u201d \u201cexpects,\u201d \u201cwill,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cguidance,\u201d \u201cestimates,\u201d \u201cprojects,\u201d \u201canticipates,\u201d and \u201cfuture\u201d or similar expressions are intended to identify forward-looking statements.\u00a0 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.\u00a0 Certain factors, risks and uncertainties discussed under the caption \u201cRisk Factors\u201d and elsewhere in AFC\u2019s 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.\u00a0<\/p>\n<p align=\"left\">Investor Relations Contact:<br \/>Robyn Tannenbaum <br \/>(561) 510-2293<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=J3SatwoDRmmQbZ6MVdq0vsgGlPx12VpPHbEOBh_pUkiKAVuHDf7_4hvUHMEvTGl4AszFaflb8CbBDis0qQEqtIRiNAIWbNFPxYOWfsgwqF0rYZ6Zyqxvk8H-Tcf_WkyT\" rel=\"nofollow\" target=\"_blank\">ir@advancedflowercapital.com<\/a><\/p>\n<p align=\"left\">Media Contact:<br \/>Profile Advisors<br \/>Rich Myers and Rachel Goun<br \/>(347) 343-2999<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RBGvEWNUI_3SwaGLRd1s2DcQpd8uFSuuCuMO-6VG6cAOjQZ87Mi-l23HQSqGkaDpEf_9YuwcKXrQXHSSHIuQbaXQJV37uBF-5IemWBxJOujbDWVUKDjQffG6KflkpqL2\" rel=\"nofollow\" target=\"_blank\">afcgamma@profileadvisors.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxODUzMCM2NjM1MzgyIzIyMDU3NTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ODg4OThmM2YtYTEyNS00ZTJhLWIwZjgtMjQ4MzRiN2MzYzk3LTEyMTczMDg=\/tiny\/AFC-Gamma-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) &#8212; Advanced Flower Capital Inc. (f\/k\/a AFC Gamma, Inc.) (Nasdaq:AFCG) (\u201cAFC\u201d) today announced its dividend for the quarter ending December 31, 2024. The Board of Directors of AFC declared a quarterly dividend of $0.33 for the quarter ending December 31, 2024 per outstanding share of common stock, payable on January 15, 2025 to the common stockholders of record on December 31, 2024. The December quarterly dividend is in line with the September quarterly dividend. About Advanced Flower Capital, Inc. Advanced Flower Capital Inc. (Nasdaq: AFCG) is a leading commercial mortgage REIT that provides institutional loans to state law compliant cannabis operators in the U.S. Through the management team\u2019s deep network and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/advanced-flower-capital-inc-announces-dividend-for-the-fourth-quarter-2024\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-794793","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/advanced-flower-capital-inc-announces-dividend-for-the-fourth-quarter-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) &#8212; Advanced Flower Capital Inc. (f\/k\/a AFC Gamma, Inc.) (Nasdaq:AFCG) (\u201cAFC\u201d) today announced its dividend for the quarter ending December 31, 2024. The Board of Directors of AFC declared a quarterly dividend of $0.33 for the quarter ending December 31, 2024 per outstanding share of common stock, payable on January 15, 2025 to the common stockholders of record on December 31, 2024. The December quarterly dividend is in line with the September quarterly dividend. About Advanced Flower Capital, Inc. Advanced Flower Capital Inc. (Nasdaq: AFCG) is a leading commercial mortgage REIT that provides institutional loans to state law compliant cannabis operators in the U.S. Through the management team\u2019s deep network and &hellip; Continue reading &quot;Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/advanced-flower-capital-inc-announces-dividend-for-the-fourth-quarter-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-13T13:03:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMxODUzMCM2NjM1MzgyIzIyMDU3NTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/advanced-flower-capital-inc-announces-dividend-for-the-fourth-quarter-2024\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/advanced-flower-capital-inc-announces-dividend-for-the-fourth-quarter-2024\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Advanced Flower Capital Inc. 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