SACHEM CAPITAL CORP. ANNOUNCES COMMON AND PREFERRED DIVIDENDS
BRANFORD, CT, December 4, 2025 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the "Company"), a real estate lender specializing in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, announced today that its Board of Directors (the "Board") declared a quarterly dividend of $0.05 per common share to be paid on December 30, 2025 to shareholders of record as of the close of trading on the NYSE American on December 15, 2025.
Additionally, the Board declared a quarterly dividend of $0.484375 per share to holders of the Company's 7.75% Series A Cumulative Redeemable Preferred Stock, par value $0.001 per share, payable on December 30, 2025 to shareholders of record as of the close of trading on the NYSE American on December 15, 2025. This dividend represents the full amount of the dividend accruing from September 30, 2025 through and including December 29, 2025.
About Sachem Capital Corp.
Sachem is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term (i.e., one to three years), secured, nonbanking loans to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. The Company's primary underwriting criteria is a conservative loan to value ratio. The properties securing the loans are generally classified as residential or commercial real estate and, typically, are held for resale or investment. Every loan is secured by a first mortgage lien on real estate and is usually personally guaranteed by the principal(s) of the borrower. The Company also makes opportunistic real estate purchases apart from its lending activities.