---
schema_version: "secwatch.filing_event.v1"
accession: "0001822523-23-000019"
form_type: "8-K"
ticker: "AFCG"
cik: "0001822523"
company_name: "Advanced Flower Capital Inc."
filed_at: "2023-06-15T23:59:59+00:00"
generated_at: "2026-06-14T00:31:56.748968+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AFC Gamma declares $0.48 dividend, authorizes $20M buyback, updates loan portfolio

## Summary
- Dividend of $0.48/share for Q ending June 30, 2023; payable July 14 to record June 30; annual run rate $1.92.
- Board authorized $20M share repurchase program through Dec 31, 2025; executives bought ~$2.9M stock since early 2023.
- Sold two-thirds of Private Company I credit facility (Category 4, in foreclosure) at par plus accrued interest to a multi-state operator.
- Received ~$5.9M paydown on Private Company A from sale of Maryland assets; full repayment on Sub. of Private Company H at maturity.
- Private Company G borrower paid 60% of June interest in cash; rest on payment plan; loan still considered risky and monitored.

## SEC filing metadata
- accession: 0001822523-23-000019
- form_type: 8-K
- ticker: AFCG
- cik: 0001822523
- company_name: Advanced Flower Capital Inc.
- filed_at: 2023-06-15T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822523/000182252323000019/0001822523-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822523/000182252323000019/afcg-20230613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822523-23-000019
- JSON: https://secwatch.observer/filing/0001822523-23-000019.json
- Plain text: https://secwatch.observer/filing/0001822523-23-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.