Sachem Capital's Series A Preferred Stock Yield Pushes Past 9%
October 07, 2024 at 15:06 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 9% mark based on its quarterly dividend (annualized to $1.9375), with shares changing hands as low as $21.48 on the day.