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BRMK - Broadmark Realty Capital: Double-Digit Dividend Yield Is Unsustainable
May, 16 2022 05:33 AM
Broadmark Realty Capital Inc
Broadmark Realty Capital’s double-digit dividend yield looks unsustainable. A higher payout ratio combined with lower earnings forecasts will force the trust to reduce its dividend. The rate hikes will make market fundamentals more challenging and put more pressure on its cash allocation plans in the quarters to come. For further details see:
Broadmark Realty Capital: Double-Digit Dividend Yield Is Unsustainable
Stock Information
Company Name:
Broadmark Realty Capital Inc
Stock Symbol:
BRMK
Market:
NYSE
Website:
broadmark.com
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