Sachem Capital Corp. announces quarterly dividend payments for common and preferred shares
News provided bySachem Capital Corp · 1 min read
BRANFORD, Conn., Sept. 04, 2026 /CourierPR/ -- Sachem Capital Corp., a real estate lender, has announced its quarterly dividend payments for both common and preferred shares. The company's Board of Directors declared a dividend of $0.01 per common share to be distributed on September 30, 2026, to shareholders of record as of the close of trading on September 15, 2026.
Additionally, Sachem Capital will pay a quarterly dividend of $0.484375 per share to holders of its 7.75% Series A Cumulative Redeemable Preferred Stock. This dividend, payable on the same date, covers the period from June 30, 2026, through September 29, 2026, and represents the full amount of the dividend accruing during this period.
Sachem Capital Corp., a mortgage real estate investment trust (REIT), specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. The company focuses on providing short-term, secured, nonbanking loans to real estate investors for the acquisition, renovation, development, rehabilitation, or improvement of properties. It adheres to conservative loan-to-value ratios in its underwriting process.
The properties securing these loans are generally classified as residential or commercial real estate and are typically held for resale or investment. Additionally, the company may make opportunistic real estate purchases outside of its lending activities.
In a related statement, the company noted that this dividend distribution aligns with its commitment to returning value to shareholders. Sachem Capital's primary criteria for underwriting loans involve ensuring a conservative loan-to-value ratio, which helps mitigate risk.
Forward-looking statements contained in the press release include expectations regarding future results of operations and financial position, strategies and plans, and the company's expectations for future operations. These statements are based on current expectations and projections and are subject to risks, uncertainties, and assumptions. The company cautions investors that these statements are not guarantees of future performance and actual results could differ materially.