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SCCE: Sachem Capital Corp. 6% Baby Bond

SCCE →

Sachem Capital Corp.'s SCCE is an exchange-traded baby bond in the REIT - Diversified sector. At a recent price of $24.32, SCCE yields 6.17% on its $25 liquidation preference and 6% coupon. It trades at a discount of 2.7% to par. The issue is callable on or after 2024-03-09. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.

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