AFC Gamma Declares Q2 2023 Dividends And Announces Share Repurchase Program
Portfolio Pulse from Vuk Zdinjak
AFC Gamma, Inc. (NASDAQ:AFCG) declared Q2 2023 dividends of $0.48 per share and announced a share repurchase program of up to $20 million. The company aims to maintain a sustainable dividend level and is focused on deploying capital into deals with strong risk-adjusted returns.
June 15, 2023 | 3:03 pm
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POSITIVE IMPACT
AFC Gamma declared Q2 2023 dividends and announced a share repurchase program, which may positively impact the stock price in the short term.
AFC Gamma's declaration of Q2 2023 dividends and the announcement of a share repurchase program signal the company's confidence in its financial position and commitment to returning value to shareholders. This news may attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100