5 Best REIT Stocks Under $10

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

Number of Hedge Fund Holders: 15
Share Price as of April 19: $4.76

A Washinton-based real estate investment trust, Broadmark Realty Capital Inc. (NYSE:BRMK) is next on our list of the best dividend stocks from the REIT sector. In February, Piper Sandler upgraded the stock to Neutral with a $6 price target, highlighting the company’s merger with Ready Capital.

On April 18, Broadmark Realty Capital Inc. (NYSE:BRMK) declared a monthly dividend of $0.035 per share, consistent with its previous dividend. The stock has a dividend yield of 8.82%, as of April 19.

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.

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