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AFC Gamma About To Put More Money In Your Pocket (AFCG)

By Dividend Channel Staff, Monday, March 25, 11:15 AM ET
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On 3/27/24, AFC Gamma Inc (NASDAQ:AFCG) will trade ex-dividend, for its quarterly dividend of $0.48, payable on 4/15/24. As a percentage of AFCG's recent stock price of $13.03, this dividend works out to approximately 3.68%, so look for shares of AFC Gamma Inc to trade 3.68% lower — all else being equal — when AFCG shares open for trading on 3/27/24.

Below is a dividend history chart for AFCG, showing historical dividends prior to the most recent $0.48 declared by AFC Gamma Inc:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AFCG is likely to continue, and whether the current estimated yield of 14.74% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AFCG shares, versus its 200 day moving average:

AFC Gamma Inc 200 Day Moving Average Chart

Looking at the chart above, AFCG's low point in its 52 week range is $9.91 per share, with $14.5996 as the 52 week high point — that compares with a last trade of $13.14.


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In Monday trading, AFC Gamma Inc shares are currently off about 0.5% on the day.


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