Brightspire Capital stock dividend – BrightSpire Capital Declares 0.2 Cash Dividend
March 20, 2023
Dividends Yield
BrightSpire Capital Inc. has announced the declaration of 0.2 cash dividend on March 17 2023. Over the last three years, BRIGHTSPIRE CAPITAL ($NYSE:BRSP) has paid an annual dividend per share of 0.79 USD, giving investors a dividend yield of 10.11%. For those looking to invest in dividend stocks, BRIGHTSPIRE CAPITAL is definitely worth considering. The ex-dividend date for this dividend is set for March 30 2023.
Investors should note that the amount of the dividend will be deducted from the closing price of the stock on the ex-dividend date. It is important to note that the declaration of this dividend does not guarantee that BRIGHTSPIRE CAPITAL will continue to pay out dividends in the future. As with any other investment, it is important to do your own research and assess whether the stock is a suitable long-term investment for you before investing.
Price History
This news came shortly after the close of the stock market, where the company’s stock opened at $6.1 and closed at $5.9, a decrease of 3.4% from the previous closing price of 6.1. This is the first time the company has issued a cash dividend, indicating a positive outlook for the company’s future. Shareholders are encouraged to contact their financial advisors to discuss when and how to receive the dividend. This announcement highlights BRIGHTSPIRE CAPITAL‘s commitment to its investors and commitment to increasing shareholder value. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Brightspire Capital. More…
| Total Revenues | Net Income | Net Margin |
| 358.54 | 45.79 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Brightspire Capital. More…
| Operations | Investing | Financing |
| 125.28 | 89.34 | -161.45 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Brightspire Capital. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.75k | 3.36k | 10.77 |
Key Ratios Snapshot
Some of the financial key ratios for Brightspire Capital are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 12.1% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we recently conducted an analysis of BRIGHTSPIRE CAPITAL‘s wellbeing and the results were promising. According to our Risk Rating, BRIGHTSPIRE CAPITAL is a low risk investment in terms of financial and business aspects. However, as part of our analysis, we did detect 1 risk warning in their balance sheet, though this was not directly linked to their wellbeing. If you would like to know more about this warning and our analysis, please register with us and take a look at our full report. More…
Peers
The Company offers a broad range of products and services, including equity and debt financing, advisory services, and merchant banking. BrightSpire Capital Inc is a publicly traded company on the Toronto Stock Exchange (TSX: BSC). Modiv Inc is a publicly traded company on the Toronto Stock Exchange (TSX: MDV). 360 Capital REIT is a publicly traded company on the Toronto Stock Exchange (TSX: TSXV: CUR.UN). AREIT Inc is a publicly traded company on the Toronto Stock Exchange (TSX: ARE).
– Modiv Inc ($NYSE:MDV)
Modiv Inc is a publicly traded company with a market cap of 78.07M as of 2022. The company is engaged in the business of providing technology solutions for the retail industry. Modiv Inc’s products and services include retail management software, point-of-sale systems, and mobile commerce solutions. The company serves clients in the United States, Canada, and Europe.
– 360 Capital REIT ($ASX:TOT)
Invesco Mortgage Capital Inc. is a real estate investment trust that focuses on investing in, financing and managing residential and commercial mortgage-backed securities and mortgage loans. The company has a market capitalization of $118.44 million as of 2022. It is headquartered in Atlanta, Georgia, and has offices in New York, Los Angeles, Chicago, Boston, Dallas and San Francisco.
– AREIT Inc ($PSE:AREIT)
REIT, or Real Estate Investment Trust, is a company that owns, operates, or finances income-producing real estate. The market capitalization, or market cap, of a company is the total value of its shares of stock. As of 2022, the market cap of REIT Inc is 48.13 billion dollars. The company owns and operates a variety of income-producing real estate, including office buildings, shopping centers, apartments, and warehouses. REIT Inc is one of the largest real estate investment trusts in the United States.
Summary
BRIGHTSPIRE CAPITAL is an attractive investment option for dividend stock investors. Over the last three years, the company has paid an annual dividend of 0.79 USD per share, resulting in a dividend yield of 10.11%. This is significantly higher than the average yield of the stock market, making it an attractive option for investors looking to maximize their returns from dividends. BRIGHTSPIRE CAPITAL is a reliable and safe option for investors looking to invest in dividend stocks.
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