BrightSpire Capital, Inc.
BRSPReal Estate · Stock · quarterly payer
Forward Yield
11.66%
Annual Dividend
$0.64
Payout Ratio
2000%
5-Yr Growth
9.9%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
Summary
As of July 2026, BrightSpire Capital, Inc. (BRSP) yields 11.66% ($0.64 per share annually), with a blended fair-value estimate of $7.12 — +30% upside, so it screens as undervalued. Dividend safety grade: D (40/100).
Is BRSP a good dividend stock?
Higher riskBrightSpire Capital, Inc. (BRSP) pays a quarterly dividend yielding 11.66% ($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
- 11.66%
- Payout Ratio
- 2000%
- Annual Dividend
- $0.64
- 5-Yr Avg Growth
- 9.9%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.36
- Market Cap
- $694.4M
- P/E Ratio
- —
- 5-Yr Total Return
- -45%
- 52-Week Range
- $4.87 – $6.17
- Dividend Safety
- D · 40/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
BRSP Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
-21%
5 Years
-45%
52-Week Range
$4.87 – $6.17
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BRSP worth?
Undervaluedlow confidenceOur blended fair-value estimate for BrightSpire Capital, Inc. is $7.12 per share, versus a market price of $5.49. That implies 30% of upside — a margin of safety of about 23%.
Fair Value
$7.12
Current Price
$5.49
Upside
+30%
Margin of Safety
23%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 11.1% discount rate (CAPM), 0.9% stage-1 growth, 2.5% terminal growth, -$0.27 EPS, $0.64 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BRSP Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $0.1600 | regular |
| Mar 31, 2026 | — | $0.1600 | regular |
| Dec 31, 2025 | — | $0.1600 | regular |
| Sep 30, 2025 | — | $0.1600 | regular |
| Jun 30, 2025 | — | $0.1600 | regular |
| Mar 31, 2025 | — | $0.1600 | regular |
| Dec 31, 2024 | — | $0.1600 | regular |
| Sep 30, 2024 | — | $0.1600 | regular |
| Jun 28, 2024 | — | $0.2000 | regular |
| Mar 27, 2024 | — | $0.2000 | regular |
| Dec 28, 2023 | — | $0.2000 | regular |
| Sep 28, 2023 | — | $0.2000 | regular |
| Jun 29, 2023 | — | $0.2000 | regular |
| Mar 30, 2023 | — | $0.2000 | regular |
Income Calculator
At $0.64 / yr per share
