Sachem Capital Corp. (SACH) Declares $0.12 Quarterly Dividend; 10.8% Yield

Sachem Capital Corp. (NYSE: SACH) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.

The dividend will be payable on April 18, 2019, to stockholders of record on April 11, 2019, with an ex-dividend date of April 10, 2019.

The annual yield on the dividend is 10.8 percent.

John Villano, CPA, co-chief executive officer and chief financial officer of Sachem Capital Corp., stated: “We are pleased to report a 14% increase in our first quarter dividend over the same period last year. This increase reflects the growth, strength and stability of our loan portfolio.”

For a dividend history and other dividend-related data on Sachem Capital Corp. (SACH) click here.

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