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Sachem Capital Corp Dividend Announcement

(AMEX:SACH), www.sachemcapitalcorp.com

DIVIDEND ANNOUNCEMENT: Sachem Capital Corp (AMEX:SACH) on 07/11/2019 declared a dividend of $0.1200 per share

July 11, 2019

Sachem Capital Corp (AMEX:SACH) on 07/11/2019 declared a dividend of $ 0.1200 per share payable on July 29, 2019 to shareholders of record as of July 22, 2019.

Sachem Capital Corp (AMEX:SACH) has paid dividends since 2017, has a current dividend yield of 9.0737237930% and has increased its dividends for 1 successive years.

Sachem Capital Corp's market cap is $ 100,012,740 and has a PE ratio of 10.58. The stock price closed yesterday at $ 5.29 and has a 52 week low/high of $ 3.80 and $ 5.64.

Sachem Capital is a real estate finance company that focuses on originating, underwriting, funding, servicing and managing a portfolio of short-term loans secured by first mortgage liens on real property located in Connecticut. Each loan is also personally guaranteed by the principal(s) of the borrower, which guaranty is typically collaterally secured by a pledge of the guarantor's interest in the borrower. Co.'s typical borrower is a small real estate investor who will use the proceeds to fund its acquisition, renovation, rehabilitation, development and/or improvement of residential or commercial properties located in Connecticut held for investment or sale.

For more information on Sachem Capital Corp click here.

Sachem Capital Corp current dividend information as per the date of this press release is:
Dividend Declaration Date: July 11, 2019
Dividend Ex Date: July 19, 2019
Dividend Record Date: July 22, 2019
Dividend Payment Date: July 29, 2019
Dividend Amount: $ 0.1200
 
 

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