Broadmark Realty Capital Declares Monthly Dividend for October 2020
Broadmark Realty Capital (NYSE: BRMK) has declared a cash dividend of $0.06 per share for October 2020. This dividend will be payable on November 13, 2020, to shareholders of record as of October 30, 2020. The company, which specializes in providing secured financing for real estate, emphasizes its ability to manage and service its loan portfolio across various market conditions. This announcement reflects the company's ongoing commitment to returning income to its shareholders while navigating the complexities of the commercial real estate finance landscape.
- Dividend of $0.06 per share demonstrates financial stability.
- Company's ability to manage loan portfolio across varying market conditions.
- Potential risks associated with market volatility in real estate financing.
SEATTLE--(BUSINESS WIRE)--Broadmark Realty Capital Inc. (NYSE: BRMK) (the “Company”), an internally managed commercial real estate finance company that provides secured financing, today announced that its Board of Directors has declared a cash dividend of
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) an internally managed commercial real estate finance company that provides secured financing, 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.
