Sachem Capital Corp. (SACH) Declares $0.105 Quarterly Dividend; 11.3% Yield

Go back to Sachem Capital Corp. (SACH) Declares $0.105 Quarterly Dividend; 11.3% Yield

Sachem Capital Declares Quarterly Dividend

February 7, 2018 6:55 AM EST

BRANFORD, Conn.--(BUSINESS WIRE)-- Sachem Capital Corp. (NYSE American: SACH) announced today that on February 6, 2018 its board of directors authorized and declared a dividend of $0.105 per share to be paid to shareholders of record on February 16, 2018. The dividend will be payable on February 27, 2018.

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 secured, non­banking loans to real estate investors to fund their acquisition, renovation, development, rehabilitation or improvement of properties located... More