Broadmark Realty Capital Declares Monthly Dividend for April 2022

Rhea-AI Summary

Broadmark Realty Capital Inc. (NYSE: BRMK) announced a cash dividend of $0.07 per share for April 2022. This dividend will be paid on May 16, 2022, to shareholders on record as of April 29, 2022. The company specializes in real estate finance, offering loans between $2 and $50 million for various real estate projects across the U.S.

Positive

• Declared a cash dividend of $0.07 per share, reinforcing shareholder returns.

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• None.

SEATTLE--(BUSINESS WIRE)-- Broadmark Realty Capital Inc. (NYSE: BRMK) (the “Company”), an internally managed secured real estate finance company, today announced that its board of directors has declared a cash dividend of $0.07 per share of common stock for April 2022. The dividend will be payable on May 16, 2022 to stockholders of record as of April 29, 2022.

Forward Looking Statements

Certain statements made herein are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “may”, “should”, “would”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “seem”, “seek”, “continue”, “future”, “will”, “expect”, “outlook” or other similar words, phrases or expressions. These statements are based on the current expectations and are not predictions of actual performance. In addition, actual results are subject to other risks and uncertainties that relate more broadly to the Company’s overall business, including those more fully described in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements are not guarantees of performance, and speak only as of the date made, and the Company undertakes no obligation to update or revise any forward-looking statements except as required by law.

About Broadmark Realty Capital

Broadmark Realty Capital Inc. (NYSE: BRMK) is a specialty real estate finance company, providing financing solutions generally in the $2 to $50 million range across the entire debt capital stack for commercial and residential real estate opportunities throughout the United States. Broadmark is particularly well equipped to address complex financing requirements that require rapid response, investing across a variety of market conditions and economic cycles.

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Investor Relations

InvestorRelations@broadmark.com

206-623-7782

Source: Broadmark Realty Capital Inc.

FAQ

What is the dividend amount declared by Broadmark Realty Capital for April 2022?

Broadmark Realty Capital declared a cash dividend of $0.07 per share for April 2022.

When will the dividend be paid to shareholders of Broadmark Realty Capital?

The dividend will be payable on May 16, 2022, to stockholders of record as of April 29, 2022.

Is the dividend from Broadmark Realty Capital sustainable?

The sustainability of future dividends should be monitored based on the company's financial performance and market conditions.