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Sachem Capital Corp. SACH

Listed / Traded Mortgage AMEX Mgmt:

Sachem Capital Corp. functions as a specialized real estate finance entity. The company actively sources, underwrites, funds, services, and manages a portfolio of short-term loans, all secured by primary mortgage liens on real estate assets predominantly located in the Northeastern United States and Florida. It provides capital to real estate professionals and property owners, enabling them to finance the acquisition, refurbishment, development, or enhancement of residential or commercial ventures. Sachem Capital Corp. has chosen to be taxed as a Real Estate Investment Trust (REIT), granting it exemption from federal income taxes provided it distributes at least 90% of its annual taxable earnings to its shareholders. Founded in Branford, Connecticut, in 2010, this firm maintains its headquarters there.

Business overview written from the company's own Form 10-K (Item 1), filed 2026-03-13 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K

Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.

Snapshot

Price
$0.83
Market cap
$39.80M
Enterprise value
$326.53M
Dividend yieldi
4.82%
Annual dividendi
$0.04
Frequency
Quarterly
FFO / sharei
Not reported (common for mortgage REITs)
AFFO / sharei
Not reported in latest 8-K
Net debt / EBITDAi
44.52x · GAAP est.
Op. cash flow / sharei
$0.06
Price / OCFi
14.62
Payout (% of OCF)i
70.46%
Debt / book capitali
64.30%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

$10,000 invested

12048shares (~$0.83 each)
$482est. dividends / year
$40≈ per month
4.82%current yield

Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.

Model SACH yourself — any amount, shares, per-payment & a multi-year DRIP projection →

Balance sheet (latest FY: 2025)

Total debt
$277.84M
Cash
$10.92M
Net debt / EBITDAi
44.52x
Debt / book capitali
64.30%
Total assets
$460.05M
Total equity
$174.94M
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $47.06M $6.31M $525.00K $32.22M $2.66M
2024 $57.50M $-39.57M $372.00K $-11.35M $12.89M
2023 $29.97M $15.90M $266.33K $266.33K $21.86M
2022 $30.62M $20.91M $106.41K $106.41K $13.15M
2021 $20.00M $13.32M $83.53K $83.53K $27.81M
2020 $13.06M $8.99M $61.87K $61.87K $9.63M

Dividends

Recent regular dividends per share (special distributions excluded), oldest → newest.

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-152026-06-152026-06-30 2026-06-04$0.01Quarterly
2026-03-132026-03-152026-03-30 2026-03-04$0.05Quarterly
2025-12-152025-12-152025-12-30 2025-12-04$0.05Quarterly
2025-09-152025-09-152025-09-30 2025-09-04$0.05Quarterly
2025-06-162025-06-162025-06-30 2025-06-05$0.05Quarterly
2025-03-172025-03-172025-03-31 2025-03-06$0.05Quarterly
2024-11-182024-11-182024-11-26 2024-11-07$0.05Quarterly
2024-07-292024-07-292024-08-06 2024-07-19$0.08Quarterly
2024-04-082024-04-092024-04-16 2024-03-28$0.11Quarterly
2023-12-282023-12-292024-01-10 2023-12-14$0.11Quarterly
2023-10-302023-10-312023-11-07 2023-10-23$0.11Quarterly
2023-08-042023-08-072023-08-11 2023-07-26$0.13Quarterly
2023-04-142023-04-172023-04-24 2023-04-05$0.13Quarterly
2022-12-292022-12-302023-01-10 2022-12-14$0.13Quarterly
2022-11-042022-11-072022-11-14 2022-10-27$0.13Quarterly
2022-07-202022-07-212022-07-28 2022-07-11$0.14Quarterly
2022-04-082022-04-112022-04-18 2022-04-01$0.12Quarterly
2021-12-302021-12-312022-01-10 2021-12-22$0.12Quarterly
2021-10-222021-10-252021-10-29 2021-10-14$0.12Quarterly
2021-07-232021-07-262021-07-30 2021-07-15$0.12Quarterly
2021-04-092021-04-122021-04-16 2021-04-01$0.12Quarterly
2020-12-302020-12-312021-01-08 2020-12-23$0.12Quarterly
2020-10-232020-10-262020-11-04 2020-10-16$0.12Quarterly
2020-07-302020-07-312020-08-07 2020-07-21$0.12Semi-Annual

Coverage (payout of operating cash flow): 70.46%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Recent news — SACH

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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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