If You Had Invested $50k in REFI Stock 2 Years Ago, Here’s How Much You Would Have Today

Dhaneshwar Prasad

On December 10, 2021, Chicago Atlantic Real Estate Finance (REFI) stock was worth about $16.25 per share. If someone invested $50,000 in that stock, it would be worth $47,610 by January 31, 2024, when the stock was worth $15.87 per share.

Besides that, the trader would have made $9,722 from dividends on REFI Stock over the last 2 years.

Today, the $50,000 stake in 3,077 REFI stock is worth $57,332 after taking into account the capital gains and profits paid out. Over the next three years, this means a gain of 2.84% per year.

Chi-Ash Real Estate Finance is a real estate investment trust (REIT) that invests in business real estate loans. It gives most of its profits to its shareholders as dividends. This helps make REFI Stock an option that can bring in money.

From the first quarterly dividend of $0.26 per share to the most recent one of $0.76 per share, REFI has grown its dividends by an amazing 193%. If you multiply this number by 12, it equals about 39% per year.

The REIT paid a yearly dividend of $1.04 per share in December 2021, when the shares were bought. The payout grew every year until it reached $2.62 per share in 2023. This means that dividend income went from $3,200 in 2021 to $8,062 in 2023 for the 3,077 shares in the $50,000 stock.

REFI Stock dividend charts of 2 years

And since REFI Stock has a dividend payout ratio of 68.6% based on earnings in 2023, the income can continue to grow in the years to come as earnings rise.

REFI Stock has made a lot of money and added to its assets since it went public three years ago, but the share price has stayed unstable.

By the end of 2022, assets under management had grown from $75 million in 2020 to $3.1 billion. This was due to a high demand for business real estate loans.

Because of this, sales went from $11 million in 2021 to $49 million in 2022, and net income rose over 240% to $32 million last year. Because of this huge rise in earnings, Chicago Atlantic was able to quickly raise the dividend on REFI Stock.

REFI Stock dividend growth YoY

So far, share price returns have been pretty low, but REFI’s high and quickly rising dividend has been good for investors who want to make money. If that investor had re-invested those profits, they could have also gained a lot more shares over time.

With a good chance to keep growing its lending portfolio and keeping portfolio yields in the double digits, REFI Stock looks like it will continue to reward shareholders through dividend growth and upside possibility as long as the company keeps doing what it’s supposed to do.

Dividend History

Ex-Dividend DateCash AmountRecord DatePay Date
Dec 28, 2023$0.760Dec 29, 2023Jan 12, 2024
Sep 28, 2023$0.4622Sep 29, 2023Oct 13, 2023
Jun 29, 2023$0.4622Jun 30, 2023Jul 14, 2023
Mar 30, 2023$0.4622Mar 31, 2023Apr 14, 2023
Dec 29, 2022$0.760Dec 30, 2022Jan 13, 2023
Sep 29, 2022$0.470Sep 30, 2022Oct 14, 2022
Jun 29, 2022$0.470Jun 30, 2022Jul 15, 2022
Mar 30, 2022$0.400Mar 31, 2022Apr 14, 2022
Dec 30, 2021$0.260n/an/a
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Former Sony professional turned multi-business owner and stock investor, Dhaneshwar leverages his MBA to produce market, IPO and biz content and personal investments on Modernagebank.com
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