Broadmark Realty Capital Declares Monthly Dividend for June 2022

Rhea-AI Summary

Broadmark Realty Capital Inc. (NYSE: BRMK) has declared a cash dividend of $0.07 per share for June 2022, payable on July 15, 2022. Shareholders must be on record by June 30, 2022 to receive this dividend. The company focuses on specialty real estate finance, providing funding solutions typically ranging from $2 to $50 million for various real estate projects across the U.S.

Positive

• Dividend of $0.07 per share enhances shareholder returns.
• Significant dividend payment date provides clear timeline for investors.

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 June 2022. The dividend will be payable on July 15, 2022 to stockholders of record as of June 30, 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/20220615005800/en/

Investor Relations

InvestorRelations@broadmark.com

206-623-7782

Source: Broadmark Realty Capital Inc.

FAQ

What is the dividend amount declared by Broadmark Realty Capital for June 2022?

Broadmark Realty Capital has declared a dividend of $0.07 per share for June 2022.

When will the dividend for Broadmark Realty Capital be paid?

The dividend will be payable on July 15, 2022.

What is the record date for receiving the dividend at Broadmark Realty Capital?

The record date to receive the dividend is June 30, 2022.

How does Broadmark Realty Capital generate revenue?

Broadmark Realty Capital generates revenue by providing financing solutions for commercial and residential real estate.

What types of financing solutions does Broadmark Realty Capital offer?

Broadmark Realty Capital offers financing solutions typically ranging from $2 million to $50 million.