Builders Capital Mortgage Corp. announced that its board of directors has declared a distribution of $0.20 per Class A Non-Voting share of the Company. The distribution will be paid on April 30, 2024 to holders of Class A Non-voting shares of record on March 28, 2024.

The amount of the distribution is equivalent to $0.80 per Class A Non-Voting share per annum and is consistent with target, and with uninterrupted history of paying such distributions.