5 Best Monthly Dividend Stocks to Buy According to Analysts

2. Broadmark Realty Capital Inc. (NYSE:BRMK)

Upside Potential as of March 20: 38.8%
Average Price Target Based on Analyst Ratings: $6.00

Broadmark Realty Capital Inc. (NYSE:BRMK) is a private real estate investment firm, based in Washington, US. The company currently offers a monthly dividend of $0.035 per share and has a dividend yield of 9.72%, as of March 20.

Piper Sandler upgraded Broadmark Realty Capital Inc. (NYSE:BRMK) to Neutral in February and also lifted its price target on the stock to $6. The firm presented a positive stance on the company’s management.

At the end of Q4 2022, the number of hedge funds tracked by Insider Monkey owning stakes in Broadmark Realty Capital Inc. (NYSE:BRMK) grew to 15, from 9 in the previous quarter. These stakes have a total value of $33.4 million. With over 4.8 million shares, Farallon Capital was the company’s leading stakeholder in Q4.

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