Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024

Company Overview - Advanced Flower Capital Inc. (formerly AFC Gamma, Inc.) is a leading commercial mortgage REIT that provides institutional loans to state law compliant cannabis operators in the U.S. [4] - The company is based in West Palm Beach, Florida, and leverages a deep network and significant credit and cannabis expertise to originate, structure, underwrite, and manage loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value, and cash flows [4]. Dividend Announcement - The Board of Directors of AFC declared a quarterly dividend of $0.33 per outstanding share of common stock for the quarter ending December 31, 2024 [2]. - This dividend is payable on January 15, 2025, to common stockholders of record on December 31, 2024, and is consistent with the September quarterly dividend [2]. Financial Performance - The announcement of the dividend reflects the company's ongoing commitment to returning value to shareholders and indicates stable financial performance [2].