Featured MNV Articles:

Ex-Dividend Reminder: BrightSpire Capital, Blackstone Mortgage Trust and Innovative Industrial Properties

Play Video: The Importance of Dividends If the video does not load after a few moments, Upgrade to the Latest Flash Player.

Free Email Alerts By Stock: Get Dividend Alerts Get SEC Filing Alerts

Start slideshow:
10 Stocks Where Yields Got More Juicy »

As a percentage of BRSP's recent stock price of $6.58, this dividend works out to approximately 3.04%, so look for shares of BrightSpire Capital Inc to trade 3.04% lower — all else being equal — when BRSP shares open for trading on 9/28/23. Similarly, investors should look for BXMT to open 2.79% lower in price and for IIPR to open 2.22% lower, all else being equal.

Below are dividend history charts for BRSP, BXMT, and IIPR, showing historical dividends prior to the most recent ones declared.

BrightSpire Capital Inc (NYSE:BRSP):

Blackstone Mortgage Trust Inc (NYSE:BXMT):

Innovative Industrial Properties Inc (NYSE:IIPR):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 12.16% for BrightSpire Capital Inc, 11.16% for Blackstone Mortgage Trust Inc, and 8.89% for Innovative Industrial Properties Inc.

In Tuesday trading, BrightSpire Capital Inc shares are currently off about 0.6%, Blackstone Mortgage Trust Inc shares are off about 0.5%, and Innovative Industrial Properties Inc shares are down about 0.6% on the day.