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

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

Sachem Capital Corp. Announces First Quarter Dividend of $0.12 Per Share

April 1, 2019 4:54 PM EDT

BRANFORD, Conn.--(BUSINESS WIRE)-- Sachem Capital Corp. (NYSE American: SACH) announced today that on April 1, 2019 its board of directors authorized and declared a first quarter dividend of $0.12 per share to be paid to shareholders of record as of the close of trading on the NYSE American on April 11, 2019. The dividend will be payable on April 18, 2019.

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... More