SmarterDividends
BRSP

BrightSpire Capital, Inc.

BRSP

Real Estate · REIT - Mortgage · Stock · quarterly payer

$3.69

Undervalued · +78% Add to Portfolio

Forward Yield

17.34%

Annual Dividend

$0.64

Payout Ratio

2000%

5-Yr Growth

9.9%

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about BRSP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, BrightSpire Capital, Inc. (BRSP) has a forward dividend yield of 17.34%, based on an annual dividend of $0.64 per share and a share price of $3.69.
  • As of Oct 27, 2026, BRSP's dividend safety grade from SmarterDividends is D (36 out of 100), which rates the dividend as unsafe.
  • BRSP last cut its regular dividend in 2025.
  • BRSP's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.16 per share.
  • BRSP's dividend has grown at an average rate of 9.9% a year over the past five years.
  • As of Oct 27, 2026, BRSP's 17.34% yield is 68% above its five-year average yield of 10.30%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for BRSP is $6.58 per share, 78% above the $3.69 share price, so BRSP screens as undervalued.
  • BrightSpire Capital, Inc. (BRSP) pays its dividend quarterly, 4 times a year.
  • BrightSpire Capital, Inc. (BRSP) has raised its regular dividend 5 times and cut it 2 times across the 49 payments on record since 2018. Its most recent change was a 20.0% cut to $0.160 per share, going ex-dividend on Sep 30, 2024.
Cite this page

SmarterDividends, "BRSP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/BRSP

Summary

As of Oct 27, 2026, BrightSpire Capital, Inc. (BRSP) yields 17.34% ($0.64 a year per share) and has a dividend safety grade of D (36/100).

Is BRSP a good dividend stock?

Higher risk

BrightSpire Capital, Inc. (BRSP) pays a quarterly dividend yielding 17.34% ($0.64/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Advantages

  • Strong 9.9% 5-yr dividend growth

Risks

  • Cut its dividend in 2025
  • Elevated payout ratio (2000%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years
  • Below-average dividend safety score

Key Data

Dividend Yield
17.34%
Payout Ratio
2000%
Annual Dividend
$0.64
5-Yr Avg Growth
9.9%
Ex-Dividend Date
Sep 30, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.38
Market Cap
$466.9M
P/E Ratio
—
5-Yr Total Return
-61%
52-Week Range
$3.56 – $6.17
Dividend Safety
D · 36/100
Ever Cut?
Yes (2025)

BRSP dividend raises and cuts

BrightSpire Capital, Inc. (BRSP) has raised its regular dividend 5 times and cut it 2 times across the 49 payments on record since 2018. Its most recent change was a 20.0% cut to $0.160 per share, going ex-dividend on Sep 30, 2024.

Ex-dateChangeOld → newMove
Sep 30, 2024Cut$0.200 → $0.160−20.0%
Jun 29, 2022Raise$0.190 → $0.200+5.3%
Mar 30, 2022Raise$0.180 → $0.190+5.6%
Dec 30, 2021Raise$0.160 → $0.180+12.5%
Sep 29, 2021Raise$0.140 → $0.160+14.3%
Jun 29, 2021Raise$0.100 → $0.140+40.0%
Nov 27, 2019Cut$0.145 → $0.100−31.0%
BRSP ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →BRSP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is BRSP a good dividend stock?

Higher risk. BrightSpire Capital, Inc. (BRSP) pays a quarterly dividend yielding 17.34% ($0.64/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Is BRSP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BRSP's fair value is about $6.58 versus a $3.69 share price — so it looks undervalued (+78% vs. fair value).

Is BRSP's dividend safe?

BRSP has a dividend-safety grade of D (36/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is BRSP's fair value?

Our blended fair-value estimate for BRSP is about $6.58 per share, roughly 78% above the current $3.69 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BRSP a buy, hold, or sell?

We don't issue formal ratings, but on the data BRSP screens as "higher risk" and undervalued. BrightSpire Capital, Inc. (BRSP) pays a quarterly dividend yielding 17.34% ($0.64/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk. This is research for your own analysis, not investment advice.

Will BRSP cut its dividend?

BRSP earns a dividend-safety grade of D (36/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BRSP pay a dividend?

Yes. BrightSpire Capital, Inc. pays a quarterly dividend of about $0.64 per share annually, a forward yield of roughly 17.34%.

What is BRSP's dividend yield?

As of Oct 27, 2026, BRSP's forward dividend yield is 17.34%, based on a $0.64 annual dividend and a $3.69 share price.

What is BRSP's dividend per share?

As of Oct 27, 2026, BRSP pays $0.64 per share per year, distributed on a quarterly basis.

What is BRSP's dividend payout ratio?

As of Oct 27, 2026, BRSP's payout ratio is 2000% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has BRSP grown its dividend?

BRSP does not currently have a long dividend-growth streak on record.

When is the next BRSP ex-dividend date?

As of Oct 27, 2026, BRSP's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.16 per share.