DIVIDEND ANNOUNCEMENT: Nt 09/30/2027/Sachem Capital Corp (AMEX:SCCG) on 05/06/2024 declared a dividend of $0.5000 per share

Nt 09/30/2027/Sachem Capital Corp (AMEX:SCCG) on 05/06/2024 declared a dividend of $ 0.5000 per share payable on July 01, 2024 to shareholders of record as of June 14, 2024.

Nt 09/30/2027/Sachem Capital Corp (AMEX:SCCG) has paid dividends since 2022, has a current dividend yield of 8.6132650375% and has increased its dividends for 1 successive years.

The stock price closed yesterday at $ 23.22 and has a 52 week low/high of $ 20.52 and $ 24.45.

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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