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DIVIDEND ANNOUNCEMENT: Sachem Capital Corp (AMEX:SACH) on 12/22/2021 declared a dividend of $0.1200 per share
Sachem Capital Corp (AMEX:SACH) on 12/22/2021 declared a dividend of $ 0.1200 per share payable on January 10, 2022 to shareholders of record as of December 31, 2021.
Sachem Capital Corp (AMEX:SACH) has paid dividends since 2017, has a current dividend yield of 8.4358520508% and has increased its dividends for 0 successive years.
Sachem Capital Corp's market cap is $ 167,530,670 and has a PE ratio of 13.23. The stock price closed yesterday at $ 5.69 and has a 52 week low/high of $ 4.05 and $ 6.35.
Sachem Capital is a real estate finance company that engages in 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 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. Borrowers use the proceeds from Co.'s loans for the following purposes: to acquire and/or renovate existing residential (single-, two- or three-family) real estate properties; to acquire vacant real estate and construct residential real properties; and to purchase and hold income producing properties.
For more information on Sachem Capital Corp click here.
Dividend Ex Date: December 30, 2021
Dividend Record Date: December 31, 2021
Dividend Payment Date: January 10, 2022
Dividend Amount: $ 0.1200
SACH LINKS
SACH Dividend History Detail
SACH Projected 10 Year Dividend Yield
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