Sachem Capital Corp. (SACH) Declares $0.11 Quarterly Dividend; 10.7% Yield

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Sachem Capital Corp. Declares Quarterly Dividend of $0.11 Per Share

July 11, 2018 6:55 AM EDT

BRANFORD, Conn.--(BUSINESS WIRE)-- Sachem Capital Corp. (NYSE American: SACH) announced today that on July 10, 2018 its board of directors authorized and declared a dividend of $0.11 per share to be paid to shareholders of record on July 20, 2018. The dividend will be payable on July 27, 2018.

About Sachem Capital, Corp.

Sachem Capital Corp. (the Company) specializes in originating, underwriting, funding, servicing and managing a portfolio of mortgage loans secured by first mortgage liens on real property (referred to in the industry as hard money loans). Its customers include real estate investors... More