Sachem Capital Corp Stock News

Sachem Capital: Avoid The 12% Common Dividend Yield For The Bonds

Sachem Capital Corp. (SACH) Q4 2023 Earnings Call Transcript

BRANFORD, Conn., March 28, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its 2023 financial results before marke

Sachem Capital's fixed income securities are attractive. Sachem's interest payments are well covered, and its balance sheet is robust, providing a cushion for debt holders. Some of the baby bonds issu

High Yield REITs Anyone?

I love sharing my experience as a real estate developer and the lessons learned. Today I want to highlight a few of these missteps and what I learned. As my wealthy friend told me, the “raised nail

Sachem Capital is a mortgage REIT that focuses on loans secured by first mortgage liens on residential and commercial properties. The company has experienced a lot of growth since its IPO, and its sol

Sachem Capital is a mortgage REIT primarily operating in Connecticut with plans to expand into other areas. The company has experienced significant growth in assets but has also seen increases in tota

With shares in real estate investment trusts trending higher as expectations rise that interest rates will start coming down in 2024, you may be curious as to what are the best REITs for 2024. Yet whi

Sachem Capital's new dividend is 109% covered by its fiscal 2023 third-quarter net income. Net income per share only grew by 1 cent from its year-ago comp on the back of the incredibly dilutive issue

BRANFORD, Conn., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that the Company will release its third quarter 2023 financial results

In this article, I make the case that Sachem baby bonds are very undervalued. Sachem Capital is an unusual mortgage REIT that has several baby bonds with yields up to 10.59%. However, its debt levels

Sachem Capital's financial results were robust in the second quarter, with a net profit of $5.7M. The company's loan loss provisions were lower than the previous year, but the dividend is not fully co

Sachem is currently paying out a 15.5% dividend yield to its common shareholders. Fiscal 2023 second quarter EPS of $0.11 per share meant the mREIT was unable to cover its $0.13 per share dividend pay

Sachem Capital offers a high dividend yield of 15% and has provided investors with total returns of 39% in the last five years. The company focuses on larger loans with short duration and plans to exp