Broadmark Realty Capital Declares Monthly Dividend for May 2022

Rhea-AI Summary

Broadmark Realty Capital Inc. (NYSE: BRMK) has declared a cash dividend of $0.07 per share for May 2022. This dividend will be paid on June 15, 2022, to stockholders of record as of May 31, 2022. The company specializes in real estate finance, offering solutions in the $2 to $50 million range for commercial and residential projects across the United States. Broadmark is positioned to meet complex financing needs quickly, adapting to various market conditions.

Positive

• Declared a cash dividend of $0.07 per share, boosting shareholder income.
• Demonstrates company confidence in financial stability.

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 May 2022. The dividend will be payable on June 15, 2022 to stockholders of record as of May 31, 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/20220516005683/en/

Investor Relations

InvestorRelations@broadmark.com

206-623-7782

Source: Broadmark Realty Capital Inc.

FAQ

What is the dividend amount for BRMK in May 2022?

The dividend amount for BRMK in May 2022 is $0.07 per share.

When will the dividend for BRMK be paid?

The dividend for BRMK will be paid on June 15, 2022.

What is the record date for BRMK's May 2022 dividend?

The record date for BRMK's May 2022 dividend is May 31, 2022.

What type of financing does Broadmark Realty Capital provide?

Broadmark Realty Capital provides financing solutions in the $2 to $50 million range for real estate projects.