DIVIDEND ANNOUNCEMENT: Sachem Capital Corp (AMEX:SACH) on 12/14/2022 declared a dividend of $0.1300 per share

Sachem Capital Corp (AMEX:SACH) on 12/14/2022 declared a dividend of $ 0.1300 per share payable on January 10, 2023 to shareholders of record as of December 30, 2022.

Sachem Capital Corp (AMEX:SACH) has paid dividends since 2017, has a current dividend yield of 15.0724630356% and has increased its dividends for 1 successive years.

Sachem Capital Corp's market cap is $ 140,746,200 and has a PE ratio of 7.67. The stock price closed yesterday at $ 3.45 and has a 52 week low/high of $ 3.23 and $ 6.55.

Sachem Capital is a real estate investment trust. Co. is a real estate finance company that engages in originating, underwriting, funding, servicing and managing a portfolio of short-term (i.e., three years or less) loans secured by first mortgage liens on real property located primarily in the Northeastern U.S. and Florida. Generally, borrowers use the proceeds from Co.'s loans to acquire and/or renovate existing residential (single-, two- or three-family) real estate properties, acquire vacant real estate for development, and purchase and hold properties. Co.'s mortgage loans are structured to fit the needs and business plans of the borrowers.

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