Broadmark Realty Capital Declares Monthly Dividend for August 2022

Rhea-AI Summary

Broadmark Realty Capital Inc. (NYSE: BRMK) has declared a cash dividend of $0.07 per share for August 2022. This dividend is set to be paid on September 15, 2022, to stockholders of record as of August 31, 2022. The company specializes in providing financing solutions in the range of $2 to $50 million for commercial and residential real estate across the United States. This announcement reflects the company’s ongoing commitment to returning value to its shareholders.

Positive

• Declaration of a cash dividend of $0.07 per share, payable on September 15, 2022.
• Demonstrates confidence in ongoing cash flow and profitability.

Negative

• 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 August 2022. The dividend will be payable on September 15, 2022 to stockholders of record as of August 31, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220815005603/en/

Investor Relations

InvestorRelations@broadmark.com

206-623-7782

Source: Broadmark Realty Capital Inc.

FAQ

What is the dividend amount announced by Broadmark Realty Capital?

Broadmark Realty Capital announced a cash dividend of $0.07 per share.

When will the dividend be payable?

The dividend will be payable on September 15, 2022.

Who is eligible to receive the dividend from Broadmark Realty Capital?

Stockholders of record as of August 31, 2022, are eligible to receive the dividend.

What does Broadmark Realty Capital do?

Broadmark Realty Capital is a specialty real estate finance company providing financing solutions in the $2 million to $50 million range.