Sachem Capital(SACH)

Search documents
Sachem Capital Corp. Announces Dividend of $0.05 Per Share
GlobeNewswire· 2025-03-06 12:00
- Sets Date for Fourth Quarter 2024 Earnings Release and Conference Call -BRANFORD, Conn., March 06, 2025 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”) announced today that its board of directors authorized and declared a quarterly dividend of $0.05 per common share to be paid to shareholders of record as of the close of trading on the NYSE American on March 17, 2025. The dividend is payable on March 31, 2025. The Company expects to release its fourth quarter 2024 financial ...
Sachem Capital Corp. Announces Tax Reporting Information
Newsfilter· 2025-01-27 12:00
BRANFORD, Conn., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today the tax treatment for the Company's distributions on its common stock (CUSIP: 78590A109) and preferred stock (CUSIP: 78590A505) paid with respect to the calendar year ended December 31, 2024: COMMON STOCK TAX INFORMATION Box 1aBox 1bBox 2aBox 3Box 5Record DatePayable DateRate per ShareOrdinary Dividends Per ShareQualified Dividends Per ShareTotal Capital Gain Per ShareNondividend Dist. Per ShareSection 199 ...
Sachem Capital Corp. Announces Full Repayment and Delisting of Maturing Unsecured Unsubordinated Notes From NYSE American
Newsfilter· 2024-12-24 12:00
BRANFORD, Conn., Dec. 24, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) reminds holders that its 6.875% unsecured, unsubordinated Notes due December 30, 2024 ("Notes"), ticker symbol "SACC," will mature on December 30, 2024, as scheduled. The company will redeem the Notes at par plus accrued and unpaid interest up to, but not including, the maturity date. Sachem expects the last trading day for the Notes will be December 27, 2024. After the maturity date, no Notes will remain outstanding. Ticke ...
Sachem Capital Corp. Announces Chief Financial Officer Transition
GlobeNewswire Inc.· 2024-12-13 12:49
Appoints Jeffrey C. Walraven Interim Chief Financial OfficerBRANFORD, Conn., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE: SACH) (the “Company”), a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, announced today that it is appointing board of directors’ member and audit committee member Jeffrey C. Walraven, Interim Chief Financial Officer. Nicholas Marcello, the Company’s Chief Fin ...
Sachem Capital(SACH) - 2024 Q3 - Quarterly Results
2024-11-14 21:06
Exhibit 99.1 SACHEM CAPITAL SACHEM CAPITAL REPORTS THIRD QUARTER 2024 RESULTS – REPORTS QUARTERLY REVENUES OF $14.8 MILLION - Company to Host Webcast and Conference Call - BRANFORD, Conn., November 14, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH), a real estate lender specializing in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, today announced its financial results for the third quarter ended September 30 ...
Sachem Capital(SACH) - 2024 Q3 - Earnings Call Transcript
2024-11-14 15:00
Sachem Capital Corp. (NYSE:SACH) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ET Company Participants Stephen Swett - Investor Relations John Villano - Chairman, Chief Executive Officer and President Nick Marcello - Chief Financial Officer Conference Call Participants Gaurav Mehta - Alliance Global Partners Matthew Erdner - JonesTrading Jonathan Jenkins - Oppenheimer Chris Muller - Citizens JMP Christopher Nolan - Ladenburg Thalmann Operator Greetings and welcome to Sachem Capital Corp. Third ...
Sachem Capital Corp. (SACH) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-11-14 14:32
Sachem Capital Corp. (SACH) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of $0.09. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -244.44%. A quarter ago, it was expected that this company would post earnings of $0.11 per share when it actually produced a loss of $0.09, delivering a surprise of -181.82%.Over the last four quarters, the company has not ...
Sachem Capital(SACH) - 2024 Q3 - Quarterly Report
2024-11-14 14:00
Table of Contents As of November 13, 2024, the Issuer had a total of 49,965,306 common shares, $0.001 par value per share, outstanding. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File ...
Sachem Capital Corp. Completes 20% Investment in Shem Creek Capital LLC to Further Diversify Business Model
GlobeNewswire News Room· 2024-09-11 11:00
BRANFORD, Conn., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today it has acquired a 20% membership interest for $5 million in Shem Creek Capital, LLC, the third-party management company of the Shem Creek ("Shem") private credit funds. Sachem also has the option to acquire up to an additional 10% membership interest in Shem, by early 2027, at a set valuation. Shem, established in 2008, is a commercial real estate finance company with a focus on providing debt capi ...
Sachem Capital: Discount To Book Value Looks To Fed For Boost
Seeking Alpha· 2024-08-27 09:26
BirdImages/E+ via Getty Images Sachem Capital (NYSE:SACH) last declared a quarterly cash dividend of $0.08 per share, a 27.3% dip from is prior quarter and $0.32 per share annualized for a 13.28% dividend yield. The dividend cut was coming, flagged in my last article on the mortgage R.EIT. SACH has now shed 30% of its value over the last 1-year, led by a sustained dip in book value which stood at roughly $3.76 per share at the end of the fiscal 2024 second quarter. Critically, there might be more dividend c ...