StockWatch
·
Real Estate Investment Trusts
DividendJun 4, 2026, 04:24 PM

Sachem Capital Corp. Declares Quarterly Common and Preferred Dividends

AI Summary

Sachem Capital Corp. announced its board of directors has authorized and declared quarterly dividends for both its common and preferred stock. The common stock dividend is set at $0.01 per share, while the Series A Cumulative Redeemable Preferred Stock will receive $0.484375 per share. Both dividends are scheduled to be paid on June 30, 2026, to shareholders of record as of June 15, 2026. The preferred stock dividend represents the full amount accrued for the period from March 30, 2026, to June 29, 2026.

Key Highlights

  • Sachem Capital Corp. declared a quarterly dividend of $0.01 per common share.
  • A quarterly dividend of $0.484375 per share was declared for the 7.75% Series A Cumulative Redeemable Preferred Stock.
  • Both common and preferred stock dividends are payable on June 30, 2026.
  • Shareholders of record for both common and preferred stock as of June 15, 2026, will receive the dividend.
  • The preferred stock dividend covers the period from March 30, 2026, through June 29, 2026.