Sachem Capital Corp. Announces Dividend of $0.11 Per Share
Sachem Capital Corp. Common Shares (SACH)
NASDAQ:AMEX Investor Relations:
sachemcapitalcorp.com
Company Research
Source: GlobeNewswire
BRANFORD, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.11 per share to be paid to shareholders of record as of the close of trading on the NYSE American on April 9, 2024. The dividend is payable on April 16, 2024. About Sachem Capital Corp. Sachem Capital Corp. is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term (i.e., three years or less) secured, nonbanking loans to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. The company’s primary underwriting criteria is a conservative loan to value ratio. The properties securing the loans are generally classified as residential or commercial real estate and, typically, are held for resale or investment. E
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News
- Sachem Capital: Avoid The 12% Common Dividend Yield For The Bonds [Seeking Alpha]Seeking Alpha
- Sachem Capital Corp. (AMEX:SACH) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Sachem Capital: Stock Gives Back Recent Gains After Reporting Earnings [Seeking Alpha]Seeking Alpha
- Sachem Capital Reports Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- Sachem Capital Reports Full Year 2023 ResultsGlobeNewswire
SACH
Earnings
- 11/13/23 - Beat
SACH
Sec Filings
- 4/2/24 - Form 8-K
- 4/1/24 - Form 10-K
- 3/20/24 - Form 4
- SACH's page on the SEC website