Sachem Capital Corp (SACH) Plans Quarterly Dividend of $0.12
Sachem Capital Corp (NYSEAMERICAN:SACH) declared a quarterly dividend on Monday, October 22nd, Wall Street Journal reports. Shareholders of record on Tuesday, October 30th will be paid a dividend of 0.12 per share on Tuesday, November 6th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 10.93%. The ex-dividend date is Monday, October 29th. This is an increase from Sachem Capital’s previous quarterly dividend of $0.11.
Shares of SACH traded up $0.06 during mid-day trading on Monday, reaching $4.39. The company had a trading volume of 66,658 shares, compared to its average volume of 38,334. Sachem Capital has a fifty-two week low of $3.30 and a fifty-two week high of $4.55.
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