DIVIDEND ANNOUNCEMENT: Sachem Capital Corp (AMEX:SACH) on 12/14/2023 declared a dividend of $0.1100 per share

Sachem Capital Corp (AMEX:SACH) on 12/14/2023 declared a dividend of $ 0.1100 per share payable on January 10, 2024 to shareholders of record as of December 29, 2023.

Sachem Capital Corp (AMEX:SACH) has paid dividends since 2017, has a current dividend yield of 11.3989639282% and has increased its dividends for 2 successive years.

Sachem Capital Corp's market cap is $ 175,074,160 and has a PE ratio of 8.21. The stock price closed yesterday at $ 3.86 and has a 52 week low/high of $ 2.98 and $ 3.97.

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 and Southeastern U.S. and may also be secured with additional collateral, such as other real estate owned by the borrower or its principals, a pledge of the ownership interests in the borrower by the principals thereof, and/or personal guarantees by the principals of the borrower. The mortgaged property may or may not be income producing. Co. does not lend to owner-occupants.

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