BRMK - Broadmark Realty: Record Originations But Dividend Policy Still Unsustainable
- Increased competition and lower portfolio yield are further slowing down progress for BRMK.
- A larger portfolio and more debt is what BRMK needs going forward.
- We are still neutral on BRMK as we still don’t see how it can sustain its dividend policy.
For further details see:
Broadmark Realty: Record Originations But Dividend Policy Still Unsustainable