Sachem Capital Corp. (SACH) Raises Quarterly Dividend 9.1% to $0.12; 11.1% Yield

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Go back to Sachem Capital Corp. (SACH) Raises Quarterly Dividend 9.1% to $0.12; 11.1% Yield

Sachem Capital Corp. Increases Quarterly Dividend to $0.12 Per Share

October 19, 2018 7:00 AM EDT

BRANFORD, Conn.--(BUSINESS WIRE)-- Sachem Capital Corp. (NYSE American: SACH) announced today that on October 18, 2018 its board of directors authorized and declared a dividend of $0.12 per share to be paid to shareholders of record as of October 30, 2018. The dividend will be payable on November 6, 2018.

John Villano, CPA, co-chief executive officer and chief financial officer of Sachem Capital Corp., stated: I am pleased to report the Board approved an increase in our quarterly dividend to $0.12 per share, a 9% increase over our most recent quarterly dividend payment. We are encouraged by the... More