SACH-P-A: Sachem Capital Corp. 7.75% Series A Preferred Stock
Sachem Capital Corp.'s SACH-P-A is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $20.82, SACH-P-A yields 9.31% on its $25 liquidation preference and 7.75% coupon.
It trades at a discount of 16.7% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2026-06-29.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.