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Sachem Capital Corp. Announces Common and Preferred Dividends

SACH
  • Sachem Capital Corp. announced a quarterly dividend of $0.05 per common share payable on March 30, 2026.
  • The dividend applies to shareholders of record as of the close of trading on March 15, 2026.
  • The Board declared a $0.484375 per share dividend for holders of 7.75% Series A Cumulative Redeemable Preferred Stock, also payable on March 30, 2026.
  • Preferred stock dividends cover the period from December 30, 2026 through March 29, 2026, with the same March 15, 2026 record date.
  • Sachem Capital operates as a mortgage REIT specializing in short-term, secured, nonbanking loans for real estate acquisition, renovation, development, or rehabilitation.
  • The company's primary underwriting criteria involves conservative loan-to-value ratios on residential or commercial properties.
  • Loans are typically secured by first mortgage liens, often include personal guarantees, & the company engages in opportunistic real estate purchases.