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Broadmark Realty Capital Declares Monthly Dividend for February 2022
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Broadmark Realty Capital (NYSE: BRMK) has declared a cash dividend of $0.07 per share of common stock for February 2022. This dividend will be payable on March 15, 2022, to stockholders of record as of February 28, 2022. As an internally managed real estate finance company, Broadmark Realty Capital offers short-term loans secured by real estate for various property developments.
Positive
Declared a cash dividend of $0.07 per share, enhancing shareholder income.
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 February 2022. The dividend will be payable on March 15, 2022 to stockholders of record as of February 28, 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 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.