Broadmark Realty Capital Declares Monthly Dividend for September 2021

Rhea-AI Summary

Broadmark Realty Capital Inc. (NYSE: BRMK) has announced a cash dividend of $0.07 per share for September 2021. This dividend will be payable on October 15, 2021, to stockholders of record by September 30, 2021. The company operates as a secured real estate finance firm, providing short-term loans backed by real estate for various property developments.

Positive

• Declared a cash dividend of $0.07 per share, indicating financial stability.
• Scheduled payment date of October 15, 2021, supporting shareholder confidence.

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 September 2021. The dividend will be payable on October 15, 2021 to stockholders of record as of September 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/20210915005377/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?

Broadmark Realty Capital declared a cash dividend of $0.07 per share.

When will the dividend be paid for September 2021?

The dividend will be paid on October 15, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is September 30, 2021.

How does Broadmark Realty Capital generate income?

Broadmark Realty Capital generates income by providing short-term, first deed of trust loans secured by real estate.

What types of properties does Broadmark Realty Capital finance?

Broadmark Realty Capital finances residential and commercial properties through renovation, rehabilitation, or development.