Broadmark Realty Capital Declares Monthly Dividend for June 2021

Rhea-AI Summary

Broadmark Realty Capital Inc. (NYSE: BRMK) has declared a cash dividend of $0.07 per share for June 2021, marking a continued commitment to return value to its shareholders. The dividend will be payable on July 15, 2021, to stockholders of record as of June 30, 2021. As an internally managed secured real estate finance company, Broadmark Realty Capital specializes in short-term loans secured by real estate, facilitating the acquisition and development of properties across various market conditions.

Positive

• Declared cash dividend of $0.07 per share for June 2021, payable on July 15, 2021.
• Demonstrates ongoing commitment to shareholder returns.

Negative

• None.

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 June 2021. The dividend will be payable on July 15, 2021 to stockholders of record as of June 30, 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/20210616005900/en/

FAQ

What is the dividend amount for Broadmark Realty Capital (BRMK) in June 2021?

The dividend amount is $0.07 per share for June 2021.

When will the dividend for Broadmark Realty Capital (BRMK) be paid?

The dividend will be payable on July 15, 2021.

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

Stockholders of record as of June 30, 2021, are eligible to receive the dividend.

What type of business does Broadmark Realty Capital (BRMK) operate?

Broadmark Realty Capital is a secured real estate finance company that provides short-term loans secured by real estate.