24/7 Market News Snapshot 05 June, 2025 – Sachem Capital Corp. Common Shares (NYSE:SACH)
DENVER, Colo., 05 June, 2025 (www.247marketnews.com) – (NYSE:SACH) are discussed in this article.
Sachem Capital Corp. (SACH) has demonstrated impressive trading activity today, opening at $1.00 and reaching a current price of $1.135, signifying a notable increase of approximately 14.39%. This positive trend follows a previous closing price of $0.992, indicating a favorable shift in market sentiment toward the company. The trading volume has also surged, currently at 507.39K shares, suggesting heightened investor interest and potential accumulation. Observers note that the price action above the opening level may reflect support around the $1.00 mark, while resistance could emerge near recent highs. Investors are advised to closely monitor these technical levels, as sustained momentum could pave the way for further growth opportunities.
In addition to its performance on the stock market, Sachem Capital Corp. has declared a quarterly dividend of $0.05 per common share, set to be paid on June 30, 2025, to shareholders on record as of June 16, 2025. The Board has also announced a quarterly dividend of $0.484375 for the Company’s 7.75% Series A Cumulative Redeemable Preferred Stock, which will likewise be disbursed on June 30, 2025, to preferred shareholders of record as of June 15, 2025. This strong dividend announcement reinforces the Company’s commitment to shareholder value and reflects dividends accruing from March 30, 2025, through June 29, 2025.
Sachem Capital Corp. operates as a mortgage real estate investment trust (REIT), providing short-term, secured loans to real estate investors, backed by first mortgages on residential and commercial properties for activities such as acquisition and renovation. The company adopts a conservative lending approach with responsible loan-to-value ratios and ensures personal guarantees through the principals of the borrower. Through its strategic actions, including opportunistic real estate purchases, Sachem Capital remains focused on enhancing its portfolio and delivering innovative financing solutions.