Broadmark Realty Capital Declares Monthly Dividend for January 2020
Broadmark Realty Capital Inc. (BRMK)
Company Research
Source: Business Wire
SEATTLE--(BUSINESS WIRE)--Broadmark Realty Capital Inc. (NYSE: BRMK) (the “Company”), a real estate investment trust providing financing for the acquisition, renovation and development of residential and commercial properties, today announced that its Board of Directors has declared a common stock dividend of $0.08 per share for January 2020. The dividend will be payable on February 14, 2020 to shareholders of record as of January 31, 2020.Jeff Pyatt, Chief Executive Officer of Broadmark Realty, commented: “As a new public company, we are pleased to announce our January dividend, which is consistent with the dividend rate we established in December 2019. With our merger now complete, we look forward to capitalizing on our strong pipeline to continue to grow our loan portfolio, which we expect will drive cash flow and earnings and create meaningful incremental shareholder value over the long term.”Forward Looking StatementsCertain statements made herein are not historical facts but
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