
BrightSpire Capital, Inc.
BRSPReal Estate · REIT - Mortgage · Stock · quarterly payer
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 riskBrightSpire 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-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 30, 2024 | Cut | $0.200 → $0.160 | −20.0% |
| Jun 29, 2022 | Raise | $0.190 → $0.200 | +5.3% |
| Mar 30, 2022 | Raise | $0.180 → $0.190 | +5.6% |
| Dec 30, 2021 | Raise | $0.160 → $0.180 | +12.5% |
| Sep 29, 2021 | Raise | $0.140 → $0.160 | +14.3% |
| Jun 29, 2021 | Raise | $0.100 → $0.140 | +40.0% |
| Nov 27, 2019 | Cut | $0.145 → $0.100 | −31.0% |
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.
BRSP Price — Last 12 Months
Daily close
Price Return
1 Year
-35%
3 Years
-46%
5 Years
-61%
52-Week Range
$3.56 – $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 $6.58 per share, versus a market price of $3.69. That implies 78% of upside — a margin of safety of about 44%.
Fair Value
$6.58
Current Price
$3.69
Upside
+78%
Margin of Safety
44%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 11.2% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, -$0.24 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
Full BRSP dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 14, 2026 | $0.1600 | regular |
| Jun 30, 2026 | Jul 15, 2026 | $0.1600 | regular |
| Mar 31, 2026 | Apr 15, 2026 | $0.1600 | regular |
| Dec 31, 2025 | Jan 15, 2026 | $0.1600 | regular |
| Sep 30, 2025 | Oct 15, 2025 | $0.1600 | regular |
| Jun 30, 2025 | Jul 14, 2025 | $0.1600 | regular |
| Mar 31, 2025 | Apr 15, 2025 | $0.1600 | regular |
| Dec 31, 2024 | Jan 15, 2025 | $0.1600 | regular |
| Sep 30, 2024 | Oct 15, 2024 | $0.1600 | regular |
| Jun 28, 2024 | Jul 15, 2024 | $0.2000 | regular |
| Mar 27, 2024 | Apr 15, 2024 | $0.2000 | regular |
| Dec 28, 2023 | Jan 12, 2024 | $0.2000 | regular |
| Sep 28, 2023 | Oct 13, 2023 | $0.2000 | regular |
| Jun 29, 2023 | Jul 14, 2023 | $0.2000 | regular |
Income Calculator
At $0.64 / yr per share
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