BRANFORD, Conn., July 19, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today that its board of directors authorized and declared a quarterly dividend of $0.08 per share to be paid to shareholders of record as of the close of trading on the NYSE American on July 29, 2024. The dividend is payable on August 6, 2024. About Sachem Capital Corp.Sachem Capital Corp. is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loa ...

BRANFORD, Conn., June 27, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) today announced that it is withdrawing its previously announced debt offering. The company had intended to offer USD-denominated unsecured, unsubordinated notes due five years from the date of issuance. The company has concluded that current market conditions regarding pricing were excessive and restrictive and, thus, not in the best interest of the company and its shareholders. John Villano, CEO of Sachem Capital Corp., com ...

BRANFORD, Conn., June 27, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) today announced that it is withdrawing its previously announced debt offering. The company had intended to offer USD-denominated unsecured, unsubordinated notes due five years from the date of issuance. The company has concluded that current market conditions regarding pricing were excessive and restrictive and, thus, not in the best interest of the company and its shareholders. John Villano, CEO of Sachem Capital Corp., com ...

BRANFORD, Conn., June 24, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today that the company intends to delist its 7.125% unsecured, unsubordinated Notes due June 30, 2024 ("Notes"), ticker symbol "SCCB", from the NYSE American and to deregister the Notes under the Exchange Act of 1934, as amended. The company will redeem the Notes at par value plus accrued and unpaid interest up to, but not including, the maturity date. Sachem expects the last trading day for the Notes will be June ...

BRANFORD, Conn., June 24, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) announced today that the company intends to delist its 7.125% unsecured, unsubordinated Notes due June 30, 2024 ("Notes"), ticker symbol "SCCB", from the NYSE American and to deregister the Notes under the Exchange Act of 1934, as amended. The company will redeem the Notes at par value plus accrued and unpaid interest up to, but not including, the maturity date. Sachem expects the last trading day for the Notes will be June ...

PM Images When I covered Sachem Capital (NYSE:SACH) earlier this year, I expressed concerns about its long-term returns and that a higher yield was needed to make it attractive. Since then, the share price is down almost 30%. SACH Recent Price History (Seeking Alpha) This has pushed the yield over 15%. With this price change, as well as the results of Q4 2023 and Q1 2024 in now, it's time to reassess what's changed for the business as well. When I consider recent improvements and the price offered today, I ...

BRANFORD, Conn., June 17, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) today announced the commencement of a registered public offering of USD-denominated unsecured, unsubordinated Notes due five years from the date of issuance ("Notes"), subject to market conditions. The Notes are anticipated to be rated BBB+ by Egan Jones, Egan-Jones Ratings Company, an independent, unaffiliated rating agency, although this is contingent on prevailing market conditions. Egan-Jones is a Nationally Recognized S ...

BRANFORD, Conn., June 17, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE:SACH) today announced the commencement of a registered public offering of USD-denominated unsecured, unsubordinated Notes due five years from the date of issuance ("Notes"), subject to market conditions. The Notes are anticipated to be rated BBB+ by Egan Jones, Egan-Jones Ratings Company, an independent, unaffiliated rating agency, although this is contingent on prevailing market conditions. Egan-Jones is a Nationally Recognized S ...

BRANFORD, Conn., June 06, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) today announced the appointment of Nicholas M. Marcello, as its interim Chief Financial Officer, effective immediately. John Villano, CPA, who previously served as both Chief Executive Officer and interim Chief Financial Officer, will continue to serve as the Company’s Chief Executive Officer. Mr. Marcello has held various roles at the Company, including his most recent position as Vice President of Finance & Opera ...

Exhibit 99.1 SACHEM CAPITAL REPORTS FIRST QUARTER 2024 RESULTS – REVENUES GREW 17.0% TO $17.2 MILLION - Company to Host Webcast and Conference Call - BRANFORD, Conn., May 10, 2024 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the first quarter ended March 31, 2024. The Company will host a conference call on Friday, May 10, 2024 at 8:00 a.m. Eastern Time to discuss its financial and operating results. John Villano, CPA, Sachem Capital’s Chief Executive Off ...