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BrightSpire Capital Announces Tax Treatment of 2024 Dividends

1. BrightSpire Capital announced 2024 dividend tax treatment details. 2. Dividends include $0.200 per share, record date December 31, 2023. 3. Qualified dividends are also reported, while return of capital is minimal. 4. Tax treatment clarity may attract investors seeking dividend yield. 5. Firm remains focused on CRE debt investments and diversified portfolio.

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Why Bullish?

The announcement of dividends typically reinforces investor confidence, as seen previously in BRSP's history.

How important is it?

The article directly impacts BRSP investors and indicates ongoing dividends which are critical for REIT valuations.

Why Short Term?

Immediate effect due to upcoming dividend payments, influencing buying decisions.

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BrightSpire Capital Announces Tax Treatment of 2024 Dividends

NEW YORK--()--BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”) announced the tax treatment of its 2024 common stock dividends. The following table summarizes BrightSpire Capital’s common stock dividend payments for the tax year ended December 31, 2024.

Class of Stock CUSIP Record Date Payment
Date
Amount
Distributed
Taxable
Ordinary
Dividends
Qualified
Dividends [1]
199A Dividends [2] Return of
Capital
Common 10949T 109 12/31/2023 1/12/2024 $ 0.200000 $ 0.065210 $ 0.000982 $ 0.065210 $ 0.134790
[1] - Qualified Dividends are included in Taxable Ordinary Dividends
[2] - 199A Dividends are included in Taxable Ordinary Dividends

For additional information pertaining to the Company’s tax treatment of 2024 dividends, please refer to https://ir.brightspire.com/.

About BrightSpire Capital, Inc.

BrightSpire Capital, Inc. (NYSE: BRSP) is internally managed and one of the largest publicly traded commercial real estate (CRE) credit REITs, focused on originating, acquiring, financing and managing a diversified portfolio consisting primarily of CRE debt investments and net leased properties predominantly in the United States. CRE debt investments primarily consist of first mortgage loans, which we expect to be the primary investment strategy. BrightSpire Capital is organized as a Maryland corporation and taxed as a REIT for U.S. federal income tax purposes. For additional information regarding the Company and its management and business, please refer to www.brightspire.com.

Contacts

Investor Relations
BrightSpire Capital, Inc.
Addo Investor Relations
Anne McGuinness
310-829-5400
brsp@addo.com

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