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Jernigan Capital Announces Dividends for Fourth Quarter 2019

MEMPHIS, Tenn.--(BUSINESS WIRE)--Jernigan Capital, Inc. (NYSE:JCAP) (the “Company”) announced today that its Board of Directors declared a cash dividend of $0.35 per share of common stock for the quarter ending December 31, 2019. The dividend is payable on January 15, 2020 to stockholders of record on January 2, 2020. The quarterly distribution represents an annualized dividend rate of $1.40 per share.