{"id":756703,"date":"2023-05-09T16:10:53","date_gmt":"2023-05-09T20:10:53","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/broadmark-realty-capital-declares-monthly-dividend-for-may-2023\/"},"modified":"2023-05-09T16:10:53","modified_gmt":"2023-05-09T20:10:53","slug":"broadmark-realty-capital-declares-monthly-dividend-for-may-2023","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/broadmark-realty-capital-declares-monthly-dividend-for-may-2023\/","title":{"rendered":"Broadmark Realty Capital Declares Monthly Dividend for May 2023"},"content":{"rendered":"

<\/p>\n

Broadmark Realty Capital Declares Monthly Dividend for May 2023<\/b><\/p>\n

\u2013 Final Dividend Assuming Completion of Merger with Ready Capital \u2013<\/b><\/p>\n

SEATTLE–(BUSINESS WIRE<\/a>)–Broadmark Realty Capital Inc. (NYSE: BRMK) <\/b>(\u201cBroadmark\u201d or the \u201cCompany\u201d), a specialty real estate finance company, announced today that its Board of Directors has declared a cash dividend of $0.035 per share of common stock for May 2023. The dividend will be payable on May 30, 2023 to stockholders of record as of May 24, 2023. The dividend will be the final cash dividend paid by the Company assuming the completion of the pending merger with Ready Capital Corporation (NYSE: RC) by June 1, 2023, as currently anticipated. There can be no assurance that the merger will be completed on the terms described or at all.<\/p>\n

About Broadmark Realty Capital<\/b><\/p>\n

\nBroadmark 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\u2019s proactive approach delivers dedicated in-house underwriting, asset management, loan servicing, and draw administration.<\/p>\n

Forward Looking Statements<\/span><\/p>\n

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 \u201cmay\u201d, \u201cshould\u201d, \u201cwould\u201d, \u201cplan\u201d, \u201cintend\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201cestimate\u201d, \u201cpredict\u201d, \u201cpotential\u201d, \u201cseem\u201d, \u201cseek\u201d, \u201ccontinue\u201d, \u201cfuture\u201d, \u201cwill\u201d, \u201cexpect\u201d, \u201coutlook\u201d 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\u2019s overall business, including those more fully described in the Company\u2019s 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.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230509005908\/en\/<\/a><\/span><\/p>\n

Investor Relations
\n<\/b>
InvestorRelations@broadmark.com
\n<\/a>
206-623-7782<\/p>\n

KEYWORDS:<\/b> Washington United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Other Construction & Property Residential Building & Real Estate Commercial Building & Real Estate Finance Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Broadmark Realty Capital Declares Monthly Dividend for May 2023 \u2013 Final Dividend Assuming Completion of Merger with Ready Capital \u2013 SEATTLE–(BUSINESS WIRE)–Broadmark Realty Capital Inc. (NYSE: BRMK) (\u201cBroadmark\u201d or the \u201cCompany\u201d), a specialty real estate finance company, announced today that its Board of Directors has declared a cash dividend of $0.035 per share of common stock for May 2023. The dividend will be payable on May 30, 2023 to stockholders of record as of May 24, 2023. The dividend will be the final cash dividend paid by the Company assuming the completion of the pending merger with Ready Capital Corporation (NYSE: RC) by June 1, 2023, as currently anticipated. There can be no assurance that the merger will be completed … <\/p>\n

Continue reading “Broadmark Realty Capital Declares Monthly Dividend for May 2023”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-756703","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBroadmark Realty Capital Declares Monthly Dividend for May 2023 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/broadmark-realty-capital-declares-monthly-dividend-for-may-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Broadmark Realty Capital Declares Monthly Dividend for May 2023 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Broadmark Realty Capital Declares Monthly Dividend for May 2023 \u2013 Final Dividend Assuming Completion of Merger with Ready Capital \u2013 SEATTLE–(BUSINESS WIRE)–Broadmark Realty Capital Inc. (NYSE: BRMK) (\u201cBroadmark\u201d or the \u201cCompany\u201d), a specialty real estate finance company, announced today that its Board of Directors has declared a cash dividend of $0.035 per share of common stock for May 2023. The dividend will be payable on May 30, 2023 to stockholders of record as of May 24, 2023. The dividend will be the final cash dividend paid by the Company assuming the completion of the pending merger with Ready Capital Corporation (NYSE: RC) by June 1, 2023, as currently anticipated. 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