Sachem Capital Corp Dividends
The next dividend date for Sachem Capital Corp has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Sachem Capital Corp (SACH)
More About Sachem Capital Corp
Sachem Capital Corp. operates as a real estate finance company in the United States. It engages in the originating, underwriting, funding, servicing, and managing of a portfolio of short-term loans secured by first mortgage liens on real property. The company also offers non-bank loans. It serves real estate investors and developers to fund their acquisition, renovation, rehabilitation, development, and improvement of residential or commercial properties. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was formerly known as HML Capital Corp. and changed its name to Sachem Capital Corp. in December 2016. The company was founded in 2010 and is headquartered in Branford, Connecticut.
Owning Sachem Capital Corp Stock on the Dividend Date
If you own Sachem Capital Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Sachem Capital Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Sachem Capital Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Sachem Capital Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Sachem Capital Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Sachem Capital Corp Dividends
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