Broadmark Realty Capital Announces 2022 Tax Treatment of Dividends

SEATTLE, January 31, 2023--(BUSINESS WIRE)--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.

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Contacts

Investor Relations
InvestorRelations@broadmark.com
206-623-7782