Broadmark Realty Capital Inc Stock Price, News & Analysis

Broadmark Realty Capital (NYSE: BRMK) has declared a cash dividend of $0.035 per share for April 2023. The dividend will be payable on May 15, 2023, to stockholders of record by April 28, 2023. As a specialty real estate finance company, Broadmark provides financing solutions typically between $5 million and $75 million per transaction, focusing on various property types throughout the United States. The company highlights its internally managed structure, which allows for dedicated in-house underwriting and asset management.

Broadmark Realty Capital Inc. (NYSE: BRMK) has declared a cash dividend of $0.035 per share for March 2023. This dividend will be payable on April 14, 2023 to shareholders on record as of March 31, 2023. As a specialty real estate finance company, Broadmark provides funding solutions typically ranging from $5 to $75 million. The company manages its own balance sheet and offers a variety of financing structures to support diverse real estate projects across the United States.

Broadmark Realty Capital has reported its Q4 and full year 2022 operating results, revealing a net loss of $153 million for Q4, largely attributed to a $137 million goodwill impairment. The company's total revenue for Q4 was $21.1 million, with distributable earnings of $12.3 million. As of December 31, 2022, loans in default totaled $250.4 million across 40 loans, reflecting the impact of increased market volatility. The company declared cash dividends of $0.035 per common share for January and February 2023. The pending merger with Ready Capital is notable, as it will not include a conference call to discuss these results.

Broadmark Realty Capital (NYSE: BRMK) has declared a cash dividend of $0.035 per share for February 2023. This dividend is payable on March 15, 2023 to shareholders on record as of February 28, 2023. The company specializes in providing financing solutions typically ranging from $5 to $75 million per transaction across various asset classes in the United States. With an internally managed balance sheet, Broadmark offers dedicated underwriting, asset management, loan servicing, and draw administration.

Broadmark Realty Capital (NYSE: BRMK) will release its Q4 and full year 2022 financial results on February 27, 2023, after market close. The company will host a webcast and conference call at 5:00 p.m. Eastern Time on the same day to discuss the results. Investors can access the call by dialing 1-877-407-9039 domestically or 1-201-689-8470 internationally. The conference call will be available for playback until March 13, 2023. Broadmark specializes in financing solutions ranging from $5 million to $75 million, investing in various real estate asset classes across the U.S.

Broadmark Realty Capital announced the tax treatment for its 2022 cash dividends on common stock (NYSE: BRMK). Stockholders are advised to consult tax advisors for specifics. The total dividend for the year was $0.81 per share, with $0.43 classified as ordinary dividends and $0.38 as return of capital. Monthly dividends of $0.070 per share were consistently paid from January to October 2022, with a reduced payment of $0.035 in November. Key payment dates ranged from January 14, 2022, to December 15, 2022, highlighting the company’s commitment to providing returns to its shareholders.

Broadmark Realty Capital (NYSE: BRMK) has declared a cash dividend of $0.035 per share for January 2023. This dividend is set to be paid on February 15, 2023 to shareholders on record as of January 31, 2023. As a specialty real estate finance company, Broadmark offers financing solutions ranging from $5 million to $75 million, covering diverse property types across the United States, including offices, hotels, and multifamily housing.