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Chicago Atlantic BDC, Inc. (LIEN)

Financial Services | Asset Management | New York, United States | NasdaqGM
9.19 USD +0.04 (0.437%) ⇧ (Oct. 16, 2026, 11:35 a.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 7:19 a.m. EDT

The immediate outlook is neutral due to a pending merger with Chicago Atlantic Real Estate Finance, which introduces significant uncertainty regarding the combined entity's capital structure and future dividend policy. While the stock trades at a discount to book value, the recent price action shows a lack of clear momentum, hovering near the 200-day average after a volatile year. The statistical forecast offers a slight bullish lean, but this is insufficient to overcome the structural ambiguity of the consolidation. For the long term, the business appears stable with decent margins, yet the multi-year trajectory has been flat to slightly negative, preventing a strong buy rating despite the attractive valuation multiples. The most critical issue is the dividend: the current yield is exceptionally high at nearly 14.5%, but the payout ratio of 98% indicates the company is distributing almost all of its earnings. This leaves no cushion for errors, acquisitions, or economic downturns, suggesting the yield is likely unsustainable or at best, a temporary anomaly rather than a reliable income stream.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.052857
AutoETS0.053736
AutoARIMA0.053741
AutoTheta0.060265

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 51%
H-stat 16.35
Ljung-Box p 0.000
Jarque-Bera p 0.078
Excess Kurtosis -1.49
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-24
Last Dividend Date 2026-09-24
Debt to Equity Ratio 8.926
Revenue per Share 2.628
Market Cap 209,721,216
Trailing P/E 6.61
Forward P/E 5.60
Beta 0.30
Profit Margins 52.82%
Previous Name Silver Spike Investment Corp.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.39% 13.74% 13.58% —
Dividend History
Date Dividend Yield %
2026-09-25 0.34 3.386454
2026-06-26 0.34 3.406814
2026-03-30 0.34 3.651987
2025-12-31 0.34 3.291384
2025-09-29 0.34 3.096539
2025-06-27 0.34 3.366337
2025-03-28 0.34 2.972807
2024-12-19 0.34 2.780049
2024-09-19 0.25 2.155172
2024-06-20 0.25 2.155172
2024-03-19 0.25 2.577320
2023-12-19 0.70 7.909604
2023-09-14 0.63 6.631579
Additional Data
dividendRate 1.36
dividendYield 14.86
exDividendDate 2026-09-25
trailingAnnualDividendRate 1.36
trailingAnnualDividendYield 0.14863388
lastDividendValue 0.34
lastDividendDate 2026-09-25
dividendDate 2026-10-09

Info Dump

Attribute Value
52 Week Change -0.087736785
Address1 600 Madison Avenue
Address2 Suite 1800
All Time High 15.4
All Time Low 7.29
Ask 9.37
Ask Size 1
Average Daily Volume10 Day 91,060
Average Daily Volume3 Month 61,231
Average Volume 61,231
Average Volume10Days 91,060
Beta 0.296
Bid 9.37
Bid Size 1
Book Value 13.255
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 9.19
Current Ratio 0.713
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 9.19
Day Low 9.1
Debt To Equity 8.926
Display Name Chicago Atlantic BDC
Dividend Date 1,791,504,000
Dividend Rate 1.36
Dividend Yield 14.86
Earnings Call Timestamp End 1,786,626,000
Earnings Call Timestamp Start 1,786,626,000
Earnings Growth -0.294
Earnings Quarterly Growth -0.294
Earnings Timestamp 1,786,624,200
Earnings Timestamp End 1,794,486,600
Earnings Timestamp Start 1,794,486,600
Ebitda Margins 0.0
Enterprise To Revenue 3.917
Enterprise Value 234,882,864
Eps Current Year 1.5
Eps Forward 1.64
Eps Trailing Twelve Months 1.39
Esg Populated 0
Ex Dividend Date 1,790,294,400
Exchange NGM
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 9.8332
Fifty Day Average Change -0.6432009
Fifty Day Average Change Percent -0.06541114
Fifty Two Week Change Percent -8.773679
Fifty Two Week High 11.27
Fifty Two Week High Change -2.0800009
Fifty Two Week High Change Percent -0.18456085
Fifty Two Week Low 8.92
Fifty Two Week Low Change 0.2699995
Fifty Two Week Low Change Percent 0.030269003
Fifty Two Week Range 8.92 - 11.27
Financial Currency USD
First Trade Date Milliseconds 1,643,985,000,000
Forward Eps 1.64
Forward P E 5.603658
Free Cashflow 12,675,063
Full Exchange Name NasdaqGM
Fullday Change 0.03999996
Fullday Change Percent 0.43715808
Fullday Price 9.19
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 59,972,528
Has Pre Post Market Data 1
Held Percent Insiders 0.00995
Held Percent Institutions 0.30743
Implied Shares Outstanding 22,820,590
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,790,294,400
Last Dividend Value 0.34
Last Fiscal Year End 1,767,139,200
Long Business Summary Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including cannabis-enabling technology companies, cannabis-related health and wellness companies, and hemp and CBD distribution companies. The company was founded in 2021 and is based in New York, New York.
Long Name Chicago Atlantic BDC, Inc.
Market us_market
Market Cap 209,721,216
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1671514400
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-10-16
Net Income To Common 31,680,024
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 235,857,643
Number Of Analyst Opinions 1
Open 9.15
Operating Cashflow -3,018,869
Operating Margins 0.61945
Payout Ratio 0.9784
Phone 312 625 9295
Prev Name Silver Spike Investment Corp.
Previous Close 9.15
Price Eps Current Year 6.1266665
Price Hint 2
Price To Book 0.69332325
Price To Sales Trailing12 Months 3.4969547
Profit Margins 0.52824
Quick Ratio 0.51
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.03999996
Regular Market Change Percent 0.43715808
Regular Market Day High 9.19
Regular Market Day Low 9.1
Regular Market Day Range 9.1 - 9.19
Regular Market Open 9.15
Regular Market Previous Close 9.15
Regular Market Price 9.19
Regular Market Time 1,792,164,937
Regular Market Volume 7,453
Return On Assets 0.06903
Return On Equity 0.10484
Revenue Growth 0.068
Revenue Per Share 2.628
Sand P52 Week Change 0.16207206
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 22,820,590
Shares Percent Shares Out 0.0050999997
Shares Short 115,551
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 99,751
Short Name Chicago Atlantic BDC, Inc.
Short Percent Of Float 0.0084
Short Ratio 2.13
Source Interval 15
State NY
Symbol LIEN
Target High Price 11.0
Target Low Price 11.0
Target Mean Price 11.0
Target Median Price 11.0
Total Cash 925,534
Total Cash Per Share 0.041
Total Debt 27,000,000
Total Revenue 59,972,528
Tradeable 0
Trailing Annual Dividend Rate 1.36
Trailing Annual Dividend Yield 0.14863388
Trailing Eps 1.39
Trailing P E 6.6115108
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 9.858525
Two Hundred Day Average Change -0.6685257
Two Hundred Day Average Change Percent -0.067811936
Type Disp Equity
Volume 7,453
Zip 10,022