Chicago Atlantic BDC president Colonna acquires $10,230 in stock

Bernardino Colonna, President of Chicago Atlantic BDC, Inc., recently purchased shares of the company's common stock, totaling $10,230. The transactions occurred between August 28 and August 31, 2026. Colonna bought 250 shares on August 28 at $10.18 per share and subsequently acquired an additional 750 shares on August 31 at a price of $10.2467 per share.

The stock, currently trading at $10.27, is near its 52-week high of $11.44, with a year-to-date increase of approximately 7%. The weighted-average purchase price for these transactions was $10.2467, reflecting multiple discrete trades executed throughout the day at prices between $10.23 and $10.28 per share. This acquisition brings Colonna's total direct ownership of Chicago Atlantic BDC common stock to 5,030 shares.

The company offers a substantial dividend yield of 13.24%, trading at a P/E ratio of 7.39. Further insights can be found in InvestingPro, which offers additional ProTips and comprehensive reports on LIEN and over 1,400 other US stocks. Chicago Atlantic BDC recently announced a decline in its second-quarter net investment income, with earnings dropping to $7.7 million, or $0.34 per share, from $10 million, or $0.44 per share, in the previous quarter.

Despite this, the company has maintained its dividend, paying $0.34 per share for the eighth consecutive quarter. The company attributes its resilience to strong credit quality and a robust pipeline, factors that are expected to drive future growth. Chicago Atlantic BDC is also in the process of merging with Chicago Atlantic Real Estate Finance, a move anticipated to bolster the company's growth strategy.

These developments are of interest to investors monitoring the company's future prospects. This report was AI-generated and reviewed by an editor for accuracy.