Broadmark Realty Capital Declares Monthly Dividend for December 2021

Rhea-AI Summary

Broadmark Realty Capital Inc. (NYSE: BRMK) has declared a cash dividend of $0.07 per share, payable on January 14, 2022. Shareholders on record as of December 31, 2021 will receive the dividend. The company specializes in providing short-term, first deed of trust loans secured by real estate for various property-related projects.

Positive

• Dividend of $0.07 per share reinforces income for shareholders.
• Strong focus on real estate finance with a diversified loan portfolio.

Negative

• No specific financial metrics disclosed regarding earnings or performance.
• Potential risks associated with market conditions affecting loan performance.

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 December 2021. The dividend will be payable on January 14, 2022 to stockholders of record as of December 31, 2021.

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 an internally managed commercial real estate finance company that offers short-term, first deed of trust loans secured by real estate to fund the acquisition, renovation, rehabilitation or development of residential or commercial properties. Broadmark Realty Capital manages and services its loan portfolio across a variety of market conditions and economic cycles.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211215005143/en/

Investor Relations

InvestorRelations@broadmark.com

206-623-7782

Source: Broadmark Realty Capital Inc.

FAQ

What is the dividend amount for BRMK in December 2021?

The dividend amount for BRMK is $0.07 per share.

When will the BRMK dividend be paid?

The BRMK dividend will be paid on January 14, 2022.

Who is eligible to receive the BRMK dividend?

Shareholders on record as of December 31, 2021, are eligible to receive the dividend.

What type of loans does Broadmark Realty Capital provide?

Broadmark Realty Capital provides short-term, first deed of trust loans secured by real estate.

How does Broadmark Realty Capital manage its loan portfolio?

Broadmark Realty Capital manages and services its loan portfolio across a variety of market conditions.