Broadmark Realty Capital Announces 2022 Tax Treatment of Dividends
Broadmark Realty Capital Inc. (NYSE:BRMK) (the "Company"), an internally managed secured real estate finance company, today announced the tax treatment of its 2022 cash dividends on the Company's common stock, as described below. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's dividends.
| Common Stock (CUSIP #11135B100) | |||||||||||||||||||||||
| Record Date |
Payment Date |
Form | Total Dividend Per Share |
Ordinary Dividend Per Share |
Qualified Dividend Per Share |
Capital Gain Dividend Per Share |
Return of Capital Per Share |
Section 199A Dividend Per Share(1) |
|||||||||||||||
| Dec-21 | 12/31/2021 | 1/14/2022 | Cash | $ |
0.070 |
$ |
0.037288 |
|
- |
|
- |
$ |
0.032712 |
$ |
0.037288 |
||||||||
| Jan-22 | 1/31/2022 | 2/15/2022 | Cash | $ |
0.070 |
$ |
0.037288 |
|
- |
|
- |
$ |
0.032712 |
$ |
0.037288 |
||||||||
| Feb-22 | 2/28/2022 | 3/15/2022 | Cash | $ |
0.070 |
$ |
0.037288 |
|
- |
|
- |
$ |
0.032712 |
$ |
0.037288 |
||||||||
| Mar-22 | 3/31/2022 | 4/15/2022 | Cash | $ |
0.070 |
$ |
0.037288 |
|
- |
|
- |
$ |
0.032712 |
$ |
0.037288 |
||||||||
| Apr-22 | 4/29/2022 | 5/16/2022 | Cash | $ |
0.070 |
$ |
0.037288 |
|
- |
|
- |
$ |
0.032712 |
$ |
0.037288 |
||||||||
| May-22 | 5/31/2022 | 6/15/2022 | Cash | $ |
0.070 |
$ |
0.037288 |
|
- |
|
- |
$ |
0.032712 |
$ |
0.037288 |
||||||||
| Jun-22 | 6/30/2022 | 7/15/2022 | Cash | $ |
0.070 |
$ |
0.037288 |
|
- |
|
- |
$ |
0.032712 |
$ |
0.037288 |
||||||||
| Jul-22 | 7/29/2022 | 8/15/2022 | Cash | $ |
0.070 |
$ |
0.037288 |
|
- |
|
- |
$ |
0.032712 |
$ |
0.037288 |
||||||||
| Aug-22 | 8/31/2022 | 9/15/2022 | Cash | $ |
0.070 |
$ |
0.037288 |
|
- |
|
- |
$ |
0.032712 |
$ |
0.037288 |
||||||||
| Sep-22 | 9/30/2022 | 10/17/2022 | Cash | $ |
0.070 |
$ |
0.037288 |
|
- |
|
- |
$ |
0.032712 |
$ |
0.037288 |
||||||||
| Oct-22 | 10/31/2022 | 11/15/2022 | Cash | $ |
0.070 |
$ |
0.037288 |
|
- |
|
- |
$ |
0.032712 |
$ |
0.037288 |
||||||||
| Nov-22 | 11/30/2022 | 12/15/2022 | Cash | $ |
0.035 |
$ |
0.018644 |
|
- |
|
- |
$ |
0.016356 |
$ |
0.018644 |
||||||||
| Totals | $ |
0.81 |
$ |
0.43 |
$ |
- |
$ |
- |
$ |
0.38 |
$ |
0.43 |
|||||||||||
(1) These amounts are included in the Ordinary Dividend Per Share column. |
|||||||||||||||||||||||
Forward Looking Statements
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 "may", "should", "would", "plan", "intend", "anticipate", "believe", "estimate", "predict", "potential", "seem", "seek", "continue", "future", "will", "expect", "outlook" 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's overall business, including those more fully described in the Company's 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.
About Broadmark Realty Capital
Broadmark Realty Capital Inc. (NYSE:BRMK) 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's proactive approach delivers dedicated in-house underwriting, asset management, loan servicing, and draw administration.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230131006048/en/