AFCG Dividend History & Analysis | 11.4% Yield

AFCG has a dividend yield of 11.4% and paid 0.53 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 11.40%
Payout Ratio 108.2%
Growth Rate CAGR 5y -20.25%
Consistency Lifetime 85.0%
Yield on Cost 5y 6.62%
Payout FCF 165.3%
Streak Years 5
Dividend Rating 20.46%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Mortgage REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
DX 2,796 M 15.6% 20.2%
MFA 990 M 15.1% 17.2%
AGNC 12,671 M 14.7% 17.2%
NLY 16,267 M 13.8% 15.7%
PMT 1,029 M 13.1% 15.7%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
MFA 990 M 39.1% 86.6%
NLY 16,267 M 33.6% 88.5%
IVR 617 M 40.9% 84.4%
ARR 1,959 M 24.5% 81.7%
TWO 1,251 M 24.4% 85.8%

Quality Dividend Peers in Mortgage REITs

NLY
Annaly Capital
13.76% Yield

AFCG Dividend History: Last 20 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-09-30 2025-09-30 2025-10-15 Quarterly 0.15 0% 3.83%
2025-06-30 2025-06-30 2025-07-15 Quarterly 0.15 -34.8% 3.25%
2025-03-31 2025-03-31 2025-04-15 Quarterly 0.23 -30.3% 3.95%
2024-12-31 2024-12-31 2025-01-15 Quarterly 0.33 0% 3.96%
2024-09-30 2024-09-30 2024-10-15 Quarterly 0.33 120% 3.23%
2024-07-08 2024-07-08 2024-07-15 Other 0.15 -68.8% 1.23%
2024-06-24 2024-06-24 2024-07-15 Quarterly 0.48 0% 4.04%
2024-03-27 2024-03-31 2024-04-15 Quarterly 0.48 0% 3.79%
2023-12-28 2023-12-31 2024-01-12 Quarterly 0.48 -31.6% 3.77%
2023-09-29 2023-09-30 2023-10-13 Quarterly 0.7013 46.1% 6%
2023-09-28 2023-09-30 2023-10-13 Quarterly 0.48 0% 4%
2023-06-29 2023-06-30 2023-07-14 Quarterly 0.48 -14.3% 3.71%
2023-03-30 2023-03-31 2023-04-14 Quarterly 0.56 0% 4.58%
2022-12-29 2022-12-31 2023-01-13 Quarterly 0.56 0% 3.64%
2022-09-29 2022-09-30 2022-10-14 Quarterly 0.56 0% 3.5%
2022-06-29 2022-06-30 2022-07-15 Quarterly 0.56 1.8% 3.48%
2022-03-30 2022-03-31 2022-04-15 Quarterly 0.55 10% 2.74%
2021-12-30 2021-12-31 2022-01-14 Quarterly 0.5 16.3% 2.23%
2021-09-29 2021-09-30 2021-10-15 Quarterly 0.43 13.2% 1.98%
2021-06-14 2021-06-15 2021-06-30 Quarterly 0.38 0% 1.58%

AFCG Dividend FAQ

Advanced Flower Capital Inc. (NASDAQ:AFCG) is a mortgage REIT that originates, structures, underwrites, invests in, and manages senior secured loans and other debt securities for established companies in the cannabis sector. Its loan portfolio is primarily composed of senior loans secured by real-estate, equipment, cash flows, licenses and other permissible assets.

What is the Dividend Yield of AFCG?

As of February 2026, AFCG`s dividend yield is 11.40%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.53 USD by the current share price of 2.17.

Does AFCG pay a dividend?

As of February 2026, AFCG paid a dividend of 0.53 USD in the last 12 months. The last dividend was paid on 2025-09-30 and the payout was 0.15 USD.

How often does AFCG pay dividends?

AFCG pays dividends quarterly. Over the last 12 months, AFCG has issued 3 dividend payments. The last dividend payment was made on 2025-09-30.

AFCG dividend forecast

Based on historical data, the forecasted dividends per share for AFCG for the next 4 payments are between 0.171 (+14.0%) and 0.305 (+103.3%).
This represents a strong dividend growth compared to the last payment.

Will AFCG pay dividends in 2026?

The latest dividend paid per share was 0.15 USD with an Ex-Dividend Date of 2025-09-30. The next Ex-Dividend date for AFC Gamma (AFCG) is currently unknown.

What is the next Ex-Dividend Date for AFCG?

The next Ex-Dividend date for AFC Gamma (AFCG) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of AFCG?

AFCG's average dividend growth rate over the past 5 years is -20.3% per year.
Negative growth: AFCG's Dividend growth is negative and declining.

What is the Yield on Cost of AFCG?

AFCG's 5-Year Yield on Cost is 6.62%. If you bought AFCG's shares at 8.01 USD five years ago, your current annual dividend income (0.53 USD per share, trailing 12 months) equals 6.62% of your original purchase price.

What is the Payout Consistency of AFCG?

AFCG Payout Consistency is 85.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Moderately consistent: AFC Gamma has a good track record of consistent dividend payments over its lifetime.

Does AFCG have a good Dividend Yield?

AFCG`s 11.40% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of AFCG?

The Dividend Payout Ratio of AFCG is 108.2%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of AFCG?

AFCG`s Overall Dividend Rating is 20.46%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

AFCG Outstanding Shares Analysis

What is the Trend in AFCG's Outstanding Shares?

AFC Gamma's outstanding shares have increased by approximately 4.38% annually over the past 3 years (Trend Reliability: 100.0%).

Watch carefully: The company is issuing new shares, diluting existing shareholders. Dividend growth may lag earnings growth as payouts are spread across more shares.

Has AFCG ever had a Stock Split?

Yes, the last stock split was on Jul 10, 2024 with a ratio of 1461:1000.

This was a forward split: Each share became 1.46 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
2020 5,376,400
2021 13,808,800 +156.84%
2022 20,416,200 +47.85%
2023 20,338,700 -0.38%
2024 20,889,000 +2.71%
2025 22,160,200 +6.09%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-06 03:12