Sachem Capital: Dividend Cut Highlights 12% Yielding Bond Opportunity
SACHSachem Capital(SACH) Seeking Alpha·2024-07-25 18:27
PM Images Introduction Sachem Capital (NYSE:SACH) is a real estate investment trust that specializes in short-term mortgage loans to real estate investors. Recently, the company’s shares experienced some volatility, related in part to the 27% reduction in its dividend. With common shares yielding just over 11%, income investors should consider one of many baby bonds offered by the company that yield between 11 and 12%.   Microsoft Excel API Sachem Capital Financial Results Despite offering shorter term  ...