BRMK News and Press, Broadmark Realty Capital Inc From 05/09/23

Broadmark Realty Capital Inc. (NYSE: BRMK) (the “Company”), an internally managed secured real estate finance company, today announced operating results for the quarter ended March 31, 2023. First Quarter 2023 Financial Highlights Total revenue of $24.7 milli...

– Final Dividend Assuming Completion of Merger with Ready Capital – Broadmark Realty Capital Inc. (NYSE: BRMK) (“Broadmark” or the “Company”), a specialty real estate finance company, announced today that its Board of Directors has declared ...

2023-05-02 07:00:00 ET Summary Ladder Capital Corp’s dividend yield is 9.9%, lower than the peer average of 13.7%. Of course, one of the reasons that Ladder Capital Corp’s yield is lower is because the company has a much lower payout ratio. I made a small fortune...

Summary Broadmark Realty Capital has seen its share price decline 60% year-to-date as the US residential real estate market has gone from hot to cold. Broadmark has many issues including: high level of non-performing loans, management turnover, and most recently a dividend cut. Howe...

Summary Prior to November 30, 2022, readers mentioned 43 equities in their recent comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are ReFa/Ro.). Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: PACW, PSEC, ALLY, VZ, MFA, ...

Summary The Dividend Harvesting Portfolio is now generating $690.36 in annual dividends, yielding 7.48%. The Dividend Harvesting portfolio has a 77.17% record of finishing the week in the black since its inception, 71/92 weeks. In week 92, I added to my positions in XYLD, OHI, and B...

Broadmark Realty Capital ( NYSE: BRMK ) stock lost 8.8% in Wednesday afternoon trading after the commercial real estate finance company halved its monthly dividend to preserve cash amid a challenging economic landscape. "Aligning our dividend to our distributable e...

Summary Mortgage REITs - which were left for dead amid a historically brutal year across fixed-income markets - have rebounded in recent weeks as earnings results were not as catastrophic as feared. Mortgage REITs are now outperforming Equity REITs for the year, and we continue to...

Broadmark Realty Capital ( NYSE: BRMK ) declares $0.035/share monthly dividend , -50% decrease from prior dividend of $0.070. Forward yield 8.22% Payable Dec. 15; for shareholders of record Nov. 30; ex-div Nov. 29. “While we are confident in the fu...

Broadmark Realty Capital Inc. (NYSE: BRMK) (“Broadmark” or the “Company”), 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 November 2022. The dividen...