5 Best Monthly Dividend Stocks to Buy in June

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

Number of Hedge Fund Holders: 7
Dividend Yield as of June 7: 11.54%

A real estate finance company, Broadmark Realty Capital Inc. (NYSE:BRMK) provides financial solutions to consumers for commercial and residential real estate opportunities throughout the US.

Broadmark Realty Capital Inc. (NYSE:BRMK) currently pays a monthly dividend of $0.07 per share, having raised it by 17% in January 2021. As of the close of June 7, the stock’s dividend yield was recorded at 11.54%, compared with the average dividend yield of 4.46% in the real estate sector.

As per Insider Monkey’s Q1 2022 database, 7 hedge funds reported owning stakes in Broadmark Realty Capital Inc. (NYSE:BRMK), down from 11 in the previous quarter. These stakes hold a consolidated value of over $50 million. Thomas Steyer’s Farallon Capital was the company’s leading shareholder in Q1, holding stakes worth $40.9 million.

You can also take a look at 10 Best Safe Blue Chip Dividend Stocks and 10 Best Stocks to Buy With 50+ Years of Dividend Increases

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