AFC Gamma, Inc. Announces Financial Results for Fourth Quarter and Full Year 2023 Common Stock Dividend On December 15, 2023, the Company's Board of Directors declared a regular cash dividend of $0.48 per common share for the fourth quarter of 2023. For the fourth quarter of 2023, AFC Gamma distributed $9.8 million in dividends, or $0.48 per common share, compared to Distributable Earnings of $0.49 per basic weighted average common share for such period. For the full year 2023, AFC Gamma distributed $40.9 m ...

Sustainable Dividend Yields in Cannabis Real Estate for 2024Top marijuana stocks Cannabis Real Estate Investment Trusts (REITs) are gaining attention in the investment community. They offer a unique entry point into the burgeoning cannabis industry. Additionally, by focusing on the real estate aspect, they provide investors exposure without direct involvement in cultivation or sales. This week, several top Cannabis REITs are on investors’ watchlists. In general, they’re known for stable dividends and growth ...

Company Overview - AFC Gamma, Inc. is a publicly-traded institutional lender that specializes in originating, structuring, and underwriting loans secured by commercial real estate and other financing solutions [2] - The company targets direct lending and bridge loan opportunities typically ranging from $5 million to $100 million across multiple real estate sectors, with a specialization in lending to state-law compliant cannabis operators [2] Upcoming Financial Reporting - AFC Gamma plans to report earnings for the quarter and fiscal year ended December 31, 2023, on Thursday, March 7, 2024 [1] - A conference call will be held at 10:00 am Eastern Time on the same day to discuss the quarterly and annual financial results, and all interested parties are welcome to participate [1] - The call will be available through a live audio webcast on the Investor Relations section of AFC Gamma's website [1]

Core Insights - The article emphasizes the importance of management quality in investment decisions, particularly in the context of Real Estate Investment Trusts (REITs) [4][5][30] - It highlights specific challenges faced by Medical Properties Trust, Inc. (MPW), including high leverage, tenant concentration, and management issues, which have led to significant stock price declines [9][10][14] Company Analysis: Medical Properties Trust, Inc. (MPW) - MPW is a healthcare-focused REIT with a market cap of approximately $2.0 billion and a portfolio of 437 properties, primarily general acute care hospitals [6][9] - The company has experienced a stock price decline of 85.25% from January 14, 2022, to January 10, 2024, and has lost nearly 30% year-to-date [7][9] - MPW's adjusted funds from operations (AFFO) are expected to fall by 11% in 2023 and by 17% in 2024, with a significant dividend cut of nearly 50% in 2023 [14] Financial Performance and Issues - MPW's tenant concentration is notably high, with Steward Health Care accounting for approximately 20% of its total assets and revenue [10][14] - The company has faced allegations of unethical practices, including inflating asset values and excessive spending, which have raised concerns about management integrity [9][10] - As of the end of 2023, MPW reported unpaid rent from Steward totaling approximately $50 million, prompting the issuance of a new $60 million loan to the tenant [14] Industry Context: Real Estate Investment Trusts (REITs) - The REIT sector has been adversely affected by rising interest rates and inflation, impacting overall performance [9] - Despite the challenges, the article suggests that there are well-managed REITs worth investing in, emphasizing the need for careful selection based on management quality [5][30] - The article warns against investing in poorly managed REITs, as they can lead to significant financial losses [5][30]

The Best 3 Marijuana Stocks To Buy In The Market TodayWith 2024 underway marijuana stocks are starting to show better trading action. Even with volatility still showing there have been more signs of life for the sector. What this means is some pot stocks are showing up and down trading consistency. Which did not occur often back in 2023 it was either a downtrend or a short recovery in trading. Nevertheless, there is much speculation on what will take place this year.There are several important situations th ...

Olga Tsareva AFC Gamma's (NASDAQ:AFCG) quarterly dividend distributions proved somewhat resilient in 2023. Whilst there was a 14.3% dividend cut in June, the cannabis lender has been able to keep its quarterly distributions stable through the rest of a year that saw cannabis companies face material headwinds. Acreage (OTCQX:ACRHF), previously one of its top borrowers, lost 75% of its value and is currently teetering on the brink of a Chapter 11 bankruptcy filing with a $17 million market cap set against lon ...

Find Out If These Are The Best Cannabis Stocks For YouCannabis stock investors are preparing for the new year. In 2023 investors were getting more comfortable with how volatility has affected the sector. Now from 2020-2022 the way volatility hit marijuana stocks created a lot more uncertainty when trading. It seems that the way to give people more confidence to invest is to change several things. For starters, the main issue is not having better laws and regulations.Some investors feel that with no federal ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39995 AFC GAMMA, INC. (Exact name of registrant as specified in its charter) Maryland 85-1807125 (State or other ju ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39995 AFC GAMMA, INC. (Registrant's telephone number, including area code) N/A (Former name, former address and former f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39995 AFC GAMMA, INC. (Exact name of registrant as specified in its charter) Maryland 85-1807125 (State or other jurisd ...