Sachem Capital Corp. (SACH) Declares $0.105 Quarterly Dividend; 8.8% Yield

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Go back to Sachem Capital Corp. (SACH) Declares $0.105 Quarterly Dividend; 8.8% Yield

Sachem Capital Declares 2nd Quarter Dividend

July 7, 2017 6:55 AM EDT

BRANFORD, Conn.--(BUSINESS WIRE)-- Sachem Capital Corp. (NYSE MKT: SACH) announced today that on July 6, 2017 its board of directors authorized and declared a dividend of $0.105 per share to be paid to shareholders of record on July 17, 2017. The dividend will be paid on July 27, 2017.

About Sachem Capital Corp.

Sachem Capital Corp. specializes in originating, underwriting, funding, servicing and managing a portfolio of first mortgage loans. It offers short term (i.e., three years or less) secured, non­banking loans (sometimes referred to as hard money loans) to real estate investors to fund their... More