Broadmark Realty Capital Announces 2022 Tax Treatment of Dividends

Broadmark Realty Capital announced the tax treatment for its 2022 cash dividends on common stock (NYSE: BRMK).

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01/31/2023 - 04:15 PM EST

SEATTLE--(BUSINESS WIRE)-- Broadmark Realty Capital Inc. (NYSE: BRMK) (the “Company”), an internally managed secured real estate finance company, today announced the tax treatment of its 2022 cash dividends on the Company’s common stock, as described below. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s dividends.


Common Stock (CUSIP #11135B100)
	Record Date	Payment Date	Form	Total Dividend Per Share		Ordinary Dividend Per Share		Qualified Dividend Per Share		Capital Gain Dividend Per Share		Return of Capital Per Share		Section 199A Dividend Per Share⁽¹⁾
Dec-21	12/31/2021	1/14/2022	Cash	$	0.070	$	0.037288		-		-	$	0.032712	$	0.037288
Jan-22	1/31/2022	2/15/2022	Cash	$	0.070	$	0.037288		-		-	$	0.032712	$	0.037288
Feb-22	2/28/2022	3/15/2022	Cash	$	0.070	$	0.037288		-		-	$	0.032712	$	0.037288
Mar-22	3/31/2022	4/15/2022	Cash	$	0.070	$	0.037288		-		-	$	0.032712	$	0.037288
Apr-22	4/29/2022	5/16/2022	Cash	$	0.070	$	0.037288		-		-	$	0.032712	$	0.037288
May-22	5/31/2022	6/15/2022	Cash	$	0.070	$	0.037288		-		-	$	0.032712	$	0.037288
Jun-22	6/30/2022	7/15/2022	Cash	$	0.070	$	0.037288		-		-	$	0.032712	$	0.037288
Jul-22	7/29/2022	8/15/2022	Cash	$	0.070	$	0.037288		-		-	$	0.032712	$	0.037288
Aug-22	8/31/2022	9/15/2022	Cash	$	0.070	$	0.037288		-		-	$	0.032712	$	0.037288
Sep-22	9/30/2022	10/17/2022	Cash	$	0.070	$	0.037288		-		-	$	0.032712	$	0.037288
Oct-22	10/31/2022	11/15/2022	Cash	$	0.070	$	0.037288		-		-	$	0.032712	$	0.037288
Nov-22	11/30/2022	12/15/2022	Cash	$	0.035	$	0.018644		-		-	$	0.016356	$	0.018644
			Totals	$	0.81	$	0.43	$	-	$	-	$	0.38	$	0.43

(1) These amounts are included in the Ordinary Dividend Per Share column.

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 $5 to $75 million range per transaction. The company provides smart, reliable, rapid solutions across the entire debt capital stack, including senior, subordinate, and participation investments with fixed and floating rate structures available. Broadmark invests in a variety of new construction and existing properties across all asset classes throughout the United States, including hotel, industrial, medical, mixed-use, office, retail, self-storage, warehouse, multifamily, senior living, student housing, condos, larger scaled single-family, townhome, and multiplex. It has the competitive advantage of being an internally managed balance sheet lender, and the company’s proactive approach delivers dedicated in-house underwriting, asset management, loan servicing, and draw administration.