5 Dividend Stocks to Increase Your Monthly Income

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

Number of Hedge Fund Holders: 12
Dividend Yield: 7.88%

Broadmark Realty Capital Inc. (NYSE: BRMK) is next and last on our list of dividend stocks to increase your monthly income, ranking 1st. The company underwrites, funds, services, and manages the short-term and first deed of trust loans to fund the development of residential or commercial properties in the US.

B. Riley holds a Buy rating and a $12.05 price target on shares of Broadmark Realty Capital Inc. (NYSE: BRMK), as of this April.

In the second quarter of 2021, Broadmark Realty Capital Inc. (NYSE: BRMK) had an FFO of $0.18, missing estimates by $0.02. The company’s revenue was $29.18 million, up 0.39% year over year but also missing estimates by $2.7 million.

By the end of the second quarter of 2021, 12 hedge funds out of the 873 tracked by Insider Monkey held stakes in Broadmark Realty Capital Inc. (NYSE: BRMK) worth roughly $91 million. This is compared to 12 hedge funds in the previous quarter with a total stake value of approximately $99 million.

See also 10 Best Biotech Stocks To Invest In and 10 Best Dividend Stocks Under $20.

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