Sachem Capital Declares $0.05 Common Dividend and $0.484375 Preferred Payout
Sachem Capital’s Board declared a quarterly common dividend of $0.05 per share and a $0.484375 per-share payout on its 7.75% Series A cumulative redeemable preferred stock, both payable March 30, 2026 to shareholders of record as of March 15, 2026. The preferred dividend covers the quarter ending March 29, 2026.
1. Board Declares Quarterly Dividends
The Company’s Board of Directors approved a quarterly dividend of $0.05 per common share payable March 30, 2026, to shareholders of record on March 15, 2026. It also declared a $0.484375 per share distribution on its 7.75% Series A cumulative redeemable preferred shares, covering dividends accruing from December 30 through March 29, 2026, with the same record and payment dates.
2. Dividend Context and Business Model
As a mortgage REIT specializing in short-term secured loans to real estate investors, Sachem Capital’s dividend distributions depend on interest income generated by its portfolio of first-mortgage loans. The consistency of common and preferred payouts underscores the firm’s focus on delivering stable yield to shareholders while adhering to conservative loan-to-value underwriting criteria.