Sachem Capital's Series A Preferred Stock Shares Cross 8.5% Yield Mark
June 10, 2024 at 14:12 PM EDT
In trading on Monday, shares of Sachem Capital Corp's 7.75% Series A Cumulative Preferred Stock (SACH. RA) were yielding above the 8.5% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $22.57 on the day.