Filing Analysis
Sachem Capital Corp. filed an 8-K to announce its financial results for the three and six month periods ended June 30, 2026. The filing serves as a formal announcement of quarterly earnings via a press release.
📋 Key Facts
- Reporting period: Three and six months ended June 30, 2026.
- Announcement date: August 5, 2026.
- Filing includes Exhibit 99.1 containing the earnings press release.
- The filing is furnished under Item 2.02 of Form 8-K.
Sachem Capital Corp. announced the declaration of quarterly dividends for both its common shares and its 7.75% Series A Cumulative Redeemable Preferred Stock.
📋 Key Facts
- Common share dividend: $0.01 per share
- Series A Preferred Stock dividend: $0.484375 per share
- Record date for both dividends: June 15, 2026
- Payment date for both dividends: June 30, 2026
- The preferred dividend covers the full accrued amount from March 30, 2026, through June 29, 2026
Sachem Capital Corp. filed a Form 8-K to announce its financial results for the three-month period ended March 31, 2026, via a press release dated May 20, 2026.
🚩 Red Flags
- The 'Soliciting material pursuant to Rule 14a-12' box is checked, which is unusual for a standard earnings release and may indicate an ongoing proxy solicitation or shareholder vote, though no details are provided in the main text.
📋 Key Facts
- The filing was made under Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Financial Statements and Exhibits).
- The financial results cover the first quarter ended March 31, 2026.
- The report was signed by John L. Villano, CPA, President and Chief Executive Officer.
- The registrant checked the box indicating the filing satisfies obligations for soliciting material pursuant to Rule 14a-12 under the Exchange Act.
Sachem Capital Corp. (SACH) entered into a Contribution Agreement on May 17, 2026 with Industrial Realty Group Global, LLC (IRG Global), representing a transformative transaction that would effectively convert Sachem from a specialty finance/mortgage REIT into a large-scale industrial REIT. IRG Global will contribute 100% of IRG Master Holdings, LLC — a portfolio of industrial real estate assets with an implied gross asset value of ~$2.9 billion and ~$1.4 billion of debt — in exchange for OP Units and Class B Common Stock. Upon closing, IRG Global will control ~94.1% of the Operating Partnership and ~51% of total voting power, with Sachem redomesticating to Delaware, rebranding as "IRG Realty Trust, Inc.," and executing a 20-to-1 reverse stock split.
🚩 Red Flags
- 20-to-1 reverse stock split is a significant red flag and a major dilutive/restructuring event for existing common shareholders.
- Post-closing, existing Sachem common shareholders will hold only ~5.9% of the Operating Partnership's economic interest, representing a near-total dilution of economic ownership.
- IRG Global will control 51% of total voting power via no-economic-value Class B Shares — a dual-class structure that entrenches IRG Global's control with minimal capital at risk to public shareholders.
- IRG Global receives veto/consent rights over virtually all material corporate actions once it holds >35% of OP Units, severely limiting Sachem board and shareholder influence post-closing.
- ~$1.4 billion of debt being assumed/associated with the contributed portfolio introduces substantial leverage to the combined entity.
- The Contribution Agreement's representations and warranties do not survive closing, eliminating post-closing recourse for Sachem shareholders.
- IRG Global designates 4 of 7 board seats (including Chairman Stuart Lichter), giving it effective board control.
- Sachem's entire business model transforms from specialty mortgage lending to industrial REIT operations — complete strategic pivot with integration execution risk.
- 6-month lock-up and broad registration rights for IRG Global create potential future overhang on Class A shares once the lock-up expires.
- Pending arbitration matter referenced in termination extension rights signals undisclosed legal risk within the IRG Global portfolio.
📋 Key Facts
- Contribution Agreement signed May 17, 2026 between Sachem Capital Corp. and Industrial Realty Group Global, LLC (IRG Global).
- IRG Global contributing 100% of IRG Master Holdings, LLC — an industrial real estate portfolio with implied gross asset value of ~$2.9 billion, net asset value of ~$1.5 billion, and ~$1.4 billion of assumed debt.
- Sachem common stock deemed at $2.00 per share for exchange value calculation.
- Post-closing, IRG Global will hold ~94.1% of outstanding OP Units; Sachem retains ~5.9%.
- Class B Shares issued to IRG Global will carry 51% of total voting power as long as IRG Global holds ≥51% of OP Units — no economic rights (no dividends, distributions, or liquidation rights).
- Pre-Closing Reorganization includes: (1) forming Operating Partnership, (2) redomestication from New York to Delaware, (3) 20-to-1 reverse stock split of all outstanding common shares, (4) authorization of new Class B Common Stock, (5) adjusting preferred stock conversion rights, (6) corporate name change to 'IRG Realty Trust, Inc.'
- Closing expected by end of 2026; termination deadline is April 30, 2027 (extendable by IRG Global by 45 days).
- Stuart Lichter (IRG Global) to serve as Chairman post-closing; IRG Global designates 4 of 7 board seats.
- IRG Global receives consent rights over material actions if it holds >35% of OP Units, including equity issuances, debt, distributions, acquisitions, dispositions, and key executive hiring/termination.
- Closing conditions include Sachem shareholder majority approval, REIT tax opinion from nationally recognized counsel, and completion of Pre-Closing Reorganization.
- Registration Rights Agreement includes 6-month lock-up post-closing; shelf registration, underwritten demand rights, and piggyback rights for IRG Global.
- Tax Protection Agreement restricts disposition of contributed properties and requires minimum liability allocations for IRG Global.
- Sachem filed as soliciting material under Rule 14a-12, indicating proxy statement to be filed for shareholder vote.
- Termination fee provisions exist; Sachem may terminate to pursue a Superior Acquisition Proposal subject to fiduciary-out provisions.
Sachem Capital Corp. announced its financial results for the fiscal year ended December 31, 2025, and provided a transcript of its investor conference call held on March 13, 2026.
📋 Key Facts
- Financial results for the year ended December 31, 2025, were released on March 12, 2026.
- An investor conference call was conducted on March 13, 2026, to discuss operating results.
- The filing includes the press release (Exhibit 99.1) and the call transcript (Exhibit 99.2).
- The company has multiple series of notes (SCCD, SCCE, SCCF, SCCG) and preferred stock (SACHPRA) listed on NYSE American.
Sachem Capital Corp. announced the declaration of its quarterly dividends for both common and preferred shares. The company will pay $0.05 per common share and $0.484375 per share on its 7.75% Series A Cumulative Redeemable Preferred Stock.
📋 Key Facts
- Common stock dividend of $0.05 per share declared for payment on March 30, 2026.
- Preferred stock dividend of $0.484375 per share declared for payment on March 30, 2026.
- Record date for both dividends is March 15, 2026.
- The preferred dividend covers the accrual period from December 30, 2025, through March 29, 2026.
Sachem Capital Corp. released preliminary unaudited financial results for the fourth quarter and full year 2025. The company provided guidance on expected net income per share and book value per common share.
🚩 Red Flags
- Preliminary results are unaudited and subject to material change upon final audit.
📋 Key Facts
- Preliminary Net Income (FY 2025): $0.01 to $0.04 per share attributable to common shareholders.
- Preliminary Book Value (as of Dec 31, 2025): $2.43 to $2.46 per common share.
- Results are based on management's initial review and subject to year-end audit completion.
Sachem Capital Corp. entered into Amendment No. 2 to its $50 million revolving credit facility with Needham Bank. The amendment extends the maturity date of the facility from March 2, 2026, to March 2, 2028, with a conditional one-year extension option through 2029.
🚩 Red Flags
- The amendment was necessary to extend a maturity date that was approaching in March 2026, suggesting potential liquidity management needs or refinancing requirements.
📋 Key Facts
- Entered into Amendment No. 2 to the Credit, Security and Guaranty Agreement on January 21, 2026.
- The facility is a $50 million revolving credit facility with Needham Bank as administrative agent.
- Maturity date extended from March 2, 2026, to March 2, 2028.
- Includes a provision for an additional conditional one-year extension to March 2, 2029.
- SN Holdings, LLC (wholly owned subsidiary) serves as the borrower; Sachem Capital Corp. serves as guarantor.
Sachem Capital Corp. announced a quarterly dividend declaration for both common and preferred stock. The dividends are scheduled to be paid on December 30, 2025.
📋 Key Facts
- Common stock dividend: $0.05 per share, payable Dec 30, 2025, to shareholders of record as of Dec 15, 2025.
- 7.75% Series A Cumulative Redeemable Preferred Stock dividend: $0.484375 per share, payable Dec 30, 2025, to shareholders of record on Dec 15, 2025.
- The preferred dividend covers the accrued amount from September 30, 2025, through December 29, 2025.
Sachem Capital Corp. has entered into an At-the-Market (ATM) sales agreement to facilitate the issuance of up to $18.45 million in 7.75% Series A Cumulative Redeemable Preferred Stock. This follows a recent charter amendment to increase the number of authorized preferred shares.
🚩 Red Flags
- Dilution risk: The issuance of preferred stock will dilute existing common shareholders.
- Increased debt/equity complexity: The company is actively adjusting its capital structure (charter amendment) to facilitate new equity issuance.
📋 Key Facts
- Entered into an At Market Issuance Sales Agreement on November 14, 2025.
- Sales agents are Ladenburg Thalmann & Co. Inc. and Lucid Capital Markets, LLC.
- Maximum offering amount: $18,450,000 of 7.75% Series A Cumulative Redeemable Preferred Stock.
- Agents to receive commissions/discounts of up to 2.5% on sales.
- Charter amendment filed Nov 13, 2025, increased authorized Preferred Shares from 2,903,000 to 3,332,000.
Sachem Capital Corp. filed an 8-K to announce its financial results for the three and nine month periods ended September 30, 2025. The filing includes a press release of the results and a transcript from an investor conference call.
📋 Key Facts
- Financial results announced for the three and nine month periods ended September 30, 2025.
- Company hosted an investor conference call on November 5, 2025, to discuss financial condition and operating results.
- The filing includes Exhibit 99.1 (Press Release) and Exhibit 99.2 (Conference Call Transcript).
Sachem Capital Corp. has promoted Jeffery C. Walraven from Interim CFO to Executive Vice President and Chief Financial Officer, effective September 1, 2025. As part of this transition, Mr. Walraven has resigned from the Company's board of directors.
🚩 Red Flags
- Officer's resignation from the Board of Directors simultaneously with promotion to CFO (though common in some structures, it is a notable governance change).
📋 Key Facts
- Jeffery C. Walraven promoted to EVP and CFO effective Sept 1, 2025.
- New compensation includes $600,000 annual base salary and a 50% target cash incentive.
- One-time signing incentives include $50,000 cash and restricted stock with $300,000 fair value (cliff vest in 3 years).
- Mr. Walraven resigned from the Board of Directors upon promotion.
- Board declared a quarterly common dividend of $0.05 per share payable Sept 30, 2025.
- Board declared a quarterly preferred dividend of $0.484375 per share on Series A stock payable Sept 30, 2025.
Sachem Capital Corp. filed an 8-K to announce its financial results for the three and six month periods ended June 30, 2025. The filing includes a press release and a transcript of an investor conference call.
📋 Key Facts
- Report date: August 5, 2025
- Reporting period: Three and six months ended June 30, 2025
- The company issued a press release (Exhibit 99.1) regarding financial results.
- The company held an investor conference call on August 5, 2025 (Exhibit 99.2).
Sachem Capital Corp. reported the results of its 2025 Annual Meeting of Shareholders held on July 9, 2025. The meeting resulted in the election of five incumbent directors and advisory approval for auditors and executive compensation.
📋 Key Facts
- Annual Meeting held on July 9, 2025.
- Five incumbent directors were elected to serve until the next annual meeting: John L. Villano, Leslie Bernhard, Arthur L. Goldberg, Brian A. Prinz, and Jeffery C. Walraven.
- Shareholders gave advisory approval for the appointment of Baker Tilly US, LLP as independent auditors for fiscal year 2024.
- The 'Say-on-Pay' advisory resolution regarding executive compensation was approved by a majority (11,498,626 votes in favor).
- The 2025 Omnibus Incentive Plan was approved by shareholders.
Sachem Capital Corp. has entered into a $100 million private placement of Senior Secured Notes due 2030 to refinance existing debt and fund new investments. The transaction includes an immediate $50 million draw and carries a high interest rate of 9.875%.
🚩 Red Flags
- High cost of capital: The 9.875% interest rate is significantly higher than the company's existing note rates (6.00%-8.00%).
- Refinancing necessity: Explicitly stated intent to use proceeds to redeem 7.75% notes maturing in September 2025, indicating a need to manage upcoming maturities.
- Significant OID: The $1.5 million original issue discount represents a direct cost of capital for the company.
📋 Key Facts
- Total aggregate principal amount: $100 million in Senior Secured Notes due June 11, 2030.
- Initial draw at closing: $50 million; remaining $50 million must be drawn by May 15, 2026.
- Interest rate: Fixed at 9.875% per annum, payable quarterly.
- Commitment fee: 1.0% on the undrawn portion of the Notes.
- Original issue discount (OID): Approximately $1.5 million paid by the Company.
- Use of proceeds: Repayment of existing facility balances, origination of new investments, and redemption of 7.75% unsecured notes maturing in September 2025.
Sachem Capital Corp. announced a quarterly dividend declaration for both its common stock and 7.75% Series A Cumulative Redeemable Preferred Stock.
📋 Key Facts
- Common stock dividend declared at $0.05 per share, payable June 30, 2025, to shareholders of record as of June 16, 2025.
- 7.75% Series A Cumulative Redeemable Preferred Stock dividend declared at $0.484375 per share, payable June 30, 2025, to shareholders of record on June 15, 2025.
- The preferred stock dividend covers the accrual period from March 30, 2025, through June 29, 2025.
Sachem Capital Corp. filed an 8-K to announce its financial results for the first quarter ended March 31, 2025, and to disclose a new Insider Trading and Blackout Policy approved by the Board.
📋 Key Facts
- Announced Q1 2025 financial results (period ended March 31, 2025) via press release on May 1, 2025.
- Hosted an investor conference call on May 1, 2025, to discuss financial condition and operating results.
- Board of Directors approved a new Insider Trading and Blackout Policy on May 2, 2025.
- The filing includes exhibits for the press release (99.1), call transcript (99.2), and the new policy (19.1).
Sachem Capital Corp. entered into a new $50 million revolving credit facility with Needham Bank via its subsidiary, SN Holdings, LLC. This agreement replaces and terminates the company's previous $65 million revolving credit facility.
🚩 Red Flags
- Reduction in total credit capacity from $65 million to $50 million.
- Increased collateral requirements including a blanket lien on all corporate assets.
📋 Key Facts
- New Credit Facility amount: $50 million (replaces existing $65 million facility).
- Borrower: SN Holdings, LLC (wholly owned subsidiary); Guarantor: Sachem Capital Corp.
- Lender/Administrative Agent: Needham Bank.
- Collateral: Borrower granted a lien on all assets; Company granted a blanket lien on all assets (with release provisions for other financing).
- Covenants: Borrower must maintain assets equal to 2x the outstanding balance and collaterally assign mortgage loans totaling at least $30M or the facility balance.
- Expiration: March 2, 2026, with a one-year extension option if compliant.
Sachem Capital Corp. announced the declaration of a quarterly dividend of $0.05 per common share. The dividend is payable on March 31, 2025, to shareholders of record as of March 17, 2025.
📋 Key Facts
- Dividend amount: $0.05 per common share
- Record date: March 17, 2025
- Payment date: March 31, 2025
- Board of Directors authorized the declaration on March 6, 2025
Sachem Capital Corp. announced a dividend declaration for its 7.75% Series A Cumulative Redeemable Preferred Stock. The dividend is set at $0.484375 per share and is payable on March 31, 2025.
📋 Key Facts
- Dividend amount: $0.484375 per share of Series A Preferred Stock.
- Payment date: March 31, 2025.
- Record date: March 15, 2025.
- Dividend period: Covers accrual from December 30, 2024, through March 29, 2025.
Sachem Capital Corp. announced the resignation of its Chief Financial Officer, Nicholas M. Marcello, effective December 10, 2024. The company has appointed Board member Jeffery C. Walraven as Interim CFO on a month-to-month basis.
🚩 Red Flags
- Sudden departure of a key executive (CFO) during year-end transition period.
- Interim CFO is an existing Board member serving as an independent contractor rather than a full-time employee, indicating a temporary/stop-gap measure.
📋 Key Facts
- Nicholas M. Marcello resigned as CFO on December 10, 2024; he will assist with transition through December 31, 2024.
- The company stated the resignation was not due to disagreements regarding accounting principles or financial disclosures.
- Jeffery C. Walraven appointed Interim CFO effective December 13, 2024.
- Interim CFO compensation is set at $62,500 per month under a month-to-month letter agreement.
- Mr. Walraven has resigned from the Audit, Compensation, and Nominating/Governance Committees to serve in this capacity.
Sachem Capital Corp. announced a dividend declaration for its 7.75% Series A Cumulative Redeemable Preferred Stock. The dividend is set at $0.484375 per share and is payable around December 30, 2024.
📋 Key Facts
- Dividend amount: $0.484375 per share on 7.75% Series A Cumulative Redeemable Preferred Stock.
- Record date for shareholders: December 15, 2024.
- Payment date: On or about December 30, 2024.
- Dividend period: Accrued from September 30, 2024, through and including December 29, 2024.
Sachem Capital Corp. has terminated its relationship with Hoberman & Lesser CPA’s, LLP and appointed Baker Tilly US, LLP as its new independent registered public accounting firm, effective November 18, 2024.
🚩 Red Flags
- Auditor change in a micro-cap context can sometimes precede restatements or internal control issues, though no disagreement was explicitly stated here.
📋 Key Facts
- Effective Date: November 18, 2024
- Outgoing Auditor: Hoberman & Lesser CPA’s, LLP (Hoberman)
- Incoming Auditor: Baker Tilly US, LLP (Baker Tilly)
- The Audit Committee directed the search for a replacement firm.
- No disagreements with Hoberman regarding accounting principles, practices, or auditing scope were reported.
Sachem Capital Corp. filed an 8-K to announce its financial results for the three and nine month periods ended September 30, 2024. The filing includes a press release and a transcript of an investor conference call held on November 14, 2024.
📋 Key Facts
- Announced financial results for the three and nine month periods ended September 30, 2024.
- Held an investor conference call on November 14, 2024, to discuss financial condition and operating results.
- The filing includes a press release (Exhibit 99.1) and a transcript of the call (Exhibit 99.2).
Sachem Capital Corp. announced that its Board of Directors has adopted a new stock repurchase program to replace an existing plan. The company intends to repurchase up to $5,802,959.45 of its common shares on the open market.
📋 Key Facts
- New Repurchase Program effective as of October 10, 2024.
- Aggregate repurchase limit: $5,802,959.45.
- Repurchases will be conducted via open market at prevailing prices under Rule 10b-18.
- Ladenburg Thalmann & Co. Inc. and Janney Montgomery Scott LLC appointed as exclusive sales agents.
- The program replaces the existing stock repurchase plan.
Sachem Capital Corp. reported the results of its 2024 Annual Meeting of Shareholders held on October 1, 2024. The meeting included the election of five incumbent directors and advisory votes regarding auditor appointment and executive compensation.
📋 Key Facts
- Annual Meeting held on October 1, 2024.
- Five incumbent directors (John L. Villano, Leslie Bernhard, Arthur L. Goldberg, Brian A. Prinz, and Jeffery C. Walraven) were elected to serve until the next annual meeting.
- Shareholders approved the appointment of Hoberman & Lesser, LLP as independent auditors for fiscal year 2024 on an advisory basis.
- The 'Say-on-Pay' advisory resolution was approved with 12,015,785 votes in favor.
- Regarding Say-on-Frequency, shareholders voted to hold the vote every 1 year (7,617,950 votes for 1 year vs. 5,540,885 for 3 years).
- The Board determined it will hold a Say-on-Pay vote annually until at least 2030.
Sachem Capital Corp. announced the acquisition of a 20% membership interest in Shem Creek Capital, LLC, which serves as the third-party management company for the Shem Creek private credit funds.
📋 Key Facts
- Acquisition date: September 11, 2024
- Target: 20% membership interest in Shem Creek Capital, LLC
- Nature of target: Third-party management company for Shem Creek private credit funds
- Filing filed under Item 7.01 (Regulation FD Disclosure)
Sachem Capital Corp. announced a new compensation package for CFO Nicholas M. Marcello and the declaration of a dividend on its 7.75% Series A Cumulative Redeemable Preferred Stock.
📋 Key Facts
- CFO Nicholas M. Marcello's new compensation effective Sept 1, 2024: $300,000 base salary plus a $20,000 one-time payment.
- New equity award for CFO: $125,000 in restricted common shares annually starting Jan 1, 2025.
- CFO is eligible for an annual cash bonus of up to 50% of base salary.
- Board declared a dividend of $0.484375 per share on the 7.75% Series A Cumulative Redeemable Preferred Stock.
- Preferred stock dividend payable on or about Sept 30, 2024, to shareholders of record on Sept 15, 2024.
Sachem Capital Corp. entered into a Cooperation Agreement with Blackwells Capital LLC and affiliates to resolve a potential proxy contest. As part of the agreement, Jeffery C. Walraven has been appointed to the Board of Directors, and Blackwells will support the current Board's nominees.
🚩 Red Flags
- Settlement of a proxy contest/threatened nomination suggests underlying shareholder dissatisfaction or activist pressure.
- The agreement includes a standstill provision and reimbursement of expenses, which are typical outcomes of contentious board battles.
📋 Key Facts
- Cooperation Agreement signed on August 20, 2024, with Blackwells Capital LLC, Blackwells Onshore I LLC, and Jason Aintabi.
- Jeffery C. Walraven appointed to the Board; his term expires at the 2024 Annual Meeting of shareholders.
- Blackwells withdrew its notice of intent to nominate candidates for the Board.
- Blackwells is subject to customary standstill restrictions regarding proxy solicitations and extraordinary transactions.
- The Company will reimburse Blackwells up to $150,000 in out-of-pocket costs/expenses.
- Blackwells agrees to vote its common shares in accordance with the Board's recommendations.
Sachem Capital Corp. announced its financial results for the three and six-month periods ended June 30, 2024. The filing includes a press release of the earnings and a transcript from an investor conference call.
📋 Key Facts
- Reported financial results for the three and six months ended June 30, 2024.
- Held an investor conference call on August 14, 2024, to discuss financial condition and operating results.
- The filing includes Exhibit 99.1 (Press Release) and Exhibit 99.2 (Conference Call Transcript).
Sachem Capital Corp. has announced the promotion of Nicholas M. Marcello from Interim Chief Financial Officer to the permanent position of Chief Financial Officer, effective August 8, 2024.
🚩 Red Flags
- None identified in this specific filing; the transition from interim to permanent is generally viewed as a stabilization event rather than a red flag.
📋 Key Facts
- Nicholas M. Marcello promoted to Chief Financial Officer on August 8, 2024.
- Mr. Marcello previously served as Interim CFO following a June 5, 2024, appointment.
- The company confirmed no existing family relationship or undisclosed related-party transactions exist for Mr. Marcello.
Sachem Capital Corp. announced that its board of directors has declared a quarterly dividend of $0.08 per share. The dividend is scheduled to be paid on August 6, 2024, to shareholders of record as of July 29, 2024.
📋 Key Facts
- Dividend amount: $0.08 per share
- Record date: July 29, 2024
- Payment date: August 6, 2024
- Filing date: July 19, 2024
Sachem Capital Corp. has officially withdrawn its previously announced public debt offering and the associated preliminary prospectus supplement filed on June 17, 2024.
🚩 Red Flags
- Withdrawal of a public debt offering can indicate difficulty in securing capital at desired terms or unfavorable market conditions for the issuer.
📋 Key Facts
- The Company withdrew its public debt offering on June 27, 2024.
- The withdrawal includes the preliminary prospectus supplement dated June 17, 2024.
- The filing is categorized under Item 8.01 (Other Events).
Sachem Capital Corp. announced the appointment of Nicholas M. Marcello as Interim Chief Financial Officer, effective June 5, 2024. He replaces John L. Villano, who will transition to focus on his roles as Chairman, CEO, and President.
🚩 Red Flags
- Appointment of an 'Interim' CFO often suggests sudden turnover or a transition period in the finance department.
- CEO is splitting duties from the CFO role, which can indicate a restructuring or internal shift in oversight.
📋 Key Facts
- Nicholas M. Marcello appointed as Interim CFO and principal accounting officer on June 5, 2024.
- John L. Villano is stepping down from the CFO role but remains Chairman, CEO, and President.
- Mr. Marcello previously served as VP of Finance & Operations at Sachem Capital Corp.
- The appointment was effective as of June 5, 2024.
Sachem Capital Corp. announced a dividend declaration for its 7.75% Series A Cumulative Redeemable Preferred Stock.
📋 Key Facts
- Dividend amount: $0.484375 per share on the 7.75% Series A Cumulative Redeemable Preferred Stock.
- Payment date: On or about June 30, 2024.
- Record date: June 15, 2024.
- Dividend period: Accrued from March 30, 2024, through and including June 29, 2024.
Sachem Capital Corp. filed an 8-K to announce its financial results for the three-month period ended March 31, 2024 and held a conference call with investors.
📋 Key Facts
- Announced Q1 2024 financial results via press release (Exhibit 99.1).
- Conducted an investor conference call to discuss financial condition and operating results (Item 7.01).
- The filing includes a transcript of the investor call as Exhibit 99.2.
Sachem Capital Corp. filed an 8-K to announce its full-year 2023 financial results, host an investor conference call regarding its 2024 outlook, and declare a quarterly dividend of $0.11 per share.
📋 Key Facts
- Announced financial results for the fiscal year ended December 31, 2023 (Item 2.02).
- Held an investor conference call on April 1, 2024, to discuss financial condition and 2024 outlook (Item 7.01).
- Board of Directors declared a quarterly dividend of $0.11 per share (Item 8.01).
- Dividend record date: April 9, 2024; Payment date: April 16, 2024.
Sachem Capital Corp. announced the declaration of a dividend on its 7.75% Series A Cumulative Redeemable Preferred Stock.
📋 Key Facts
- Dividend amount: $0.484375 per share on 7.75% Series A Cumulative Redeemable Preferred Stock.
- Dividend period: Accrued from December 30, 2023, through March 29, 2024.
- Record date: March 15, 2024.
- Payment date: On or about March 30, 2024.