Sachem Capital Declares $0.05 Quarterly Common Dividend
Sachem Capital Corp. (NYSE American: SACH), a mortgage REIT specializing in short-term real estate loans, declared a quarterly dividend of $0.05 per common share. The company also declared a $0.484375 per share dividend on its 7.75% Series A Cumulative Redeemable Preferred Stock.
Sachem Capital Corp. (NYSE American: SACH), a mortgage REIT that originates and services loans secured by first mortgages on real property, declared a quarterly dividend of $0.05 per common share on March 4, 2026. The dividend will be paid March 30, 2026 to shareholders of record as of March 15, 2026. Read more dividend announcements.
The board of directors also declared a quarterly dividend of $0.484375 per share on the company's 7.75% Series A Cumulative Redeemable Preferred Stock, payable on the same date to shareholders of record as of March 15, 2026. The preferred stock dividend represents the full amount accrued from December 30, 2025 through March 29, 2026.
Dividend Details
| Security | Amount | Record Date | Payment Date |
|---|---|---|---|
| Common Shares | $0.05 | March 15, 2026 | March 30, 2026 |
| 7.75% Series A Preferred | $0.484375 | March 15, 2026 | March 30, 2026 |
About the Company
Sachem Capital specializes in short-term secured loans to real estate investors, typically with terms of one to three years. The company's lending portfolio focuses on acquisition, renovation, development, and rehabilitation financing for properties generally held for resale or investment. Its primary underwriting criterion is a conservative loan-to-value ratio.
Properties securing the loans are classified as residential or commercial real estate. Loans are secured by mortgage liens and often carry personal guarantees from the borrower's principals. The company also makes opportunistic real estate purchases separate from its lending operations.
Sachem Capital trades on the NYSE American under ticker SACH for common shares. The company also has multiple note series and preferred stock listed on the same exchange.