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Stock impact report

Sachem Capital Corp. Announces Quarterly Dividend of $0.12 Per Share

Sachem Capital Corp. Common Shares (SACH) 
NASDAQ:AMEX Investor Relations: sachemcapitalcorp.com
Company Research Source: Business Wire
BRANFORD, Conn.--(BUSINESS WIRE)--Sachem Capital Corp. (NYSE American: SACH) announced today that on January 7, 2020 its board of directors authorized and declared a quarterly dividend of $0.12 per share to be paid to shareholders of record as of the close of trading on the NYSE American on January 17, 2020. The dividend will be payable on January 27, 2020.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 and developers who use the proceeds of the loans to fund their acquisition, renovation, development, rehabilitation and/or improvement of properties located primarily in Connecticut. The properties securing the Company’s loans are generally classified as residential or commercial real estate and, typically, are held for Show less Read more
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