Broadmark Realty Capital Declares Monthly Dividend for February 2021

Rhea-AI Summary

Broadmark Realty Capital (NYSE: BRMK) announced a cash dividend of $0.07 per share of common stock for February 2021. This dividend will be payable on March 15, 2021, to stockholders of record as of February 26, 2021. The company operates as an internally managed real estate finance firm, offering short-term loans secured by real estate to support the acquisition and development of properties.

Positive

• Declaring a cash dividend of $0.07 per share enhances shareholder income.
• Confidence reflects in consistent dividend payouts, indicating financial stability.

Negative

• None.

Broadmark Realty Capital Inc. (NYSE: BRMK) (the “Company”), an internally managed real estate secured finance company, today announced that its board of directors has declared a cash dividend of $0.07 per share of common stock for February 2021. The dividend will be payable on March 15, 2021 to stockholders of record as of February 26, 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.

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FAQ

What is the dividend amount declared by Broadmark Realty Capital for February 2021?

Broadmark Realty Capital declared a cash dividend of $0.07 per share for February 2021.

When will Broadmark Realty Capital's dividend be paid?

The dividend will be payable on March 15, 2021.

Who qualifies for the dividend payment from Broadmark Realty Capital?

Stockholders of record as of February 26, 2021, will qualify for the dividend payment.

How does the dividend impact shareholders of Broadmark Realty Capital?

The dividend provides direct income to shareholders, reflecting the company's financial health.