Sachem Capital Corp. Announces Tax Reporting Information

GlobeNewswire
01-27

BRANFORD, Conn., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today the tax treatment for the Company's distributions on its common stock (CUSIP: 78590A109) and preferred stock (CUSIP: 78590A505) paid with respect to the calendar year ended December 31, 2024:

COMMON STOCK TAX INFORMATION

      Box 1a


Box 1b


Box 2a


Box 3


Box 5


Record Date Payable Date Rate per
Share
Ordinary
Dividends Per
Share

Qualified
Dividends Per
Share

Total Capital
Gain Per
Share

Nondividend Dist.
Per Share
Section 199A
Dividends Per Share
04/09/2024 04/16/2024 $0.110000 $0.000000 $0.000000 $0.000000 $0.110000 $0.000000
07/29/2024 08/06/2024 $0.080000 $0.000000 $0.000000 $0.000000 $0.080000 $0.000000
11/18/2024 11/26/2024 $0.050000 $0.000000 $0.000000 $0.000000 $0.050000 $0.000000
  Total $0.240000 $0.000000 $0.000000 $0.000000 $0.240000 $0.000000
               
           

PREFERRED STOCK TAX INFORMATION

      Box 1a


Box 1b


Box 2a


Box 3


Box 5


Record Date Payable Date Rate per
Share
Ordinary
Dividends Per
Share

Qualified
Dividends Per
Share

Total Capital
Gain Per
Share

Nondividend Dist.
Per Share
Section 199A
Dividends Per
Share

03/15/2024 03/30/2024 $0.484375 $0.000000 $0.000000 $0.000000 $0.484375 $0.000000
06/15/2024 06/30/2024 $0.484375 $0.000000 $0.000000 $0.000000 $0.484375 $0.000000
09/15/2024 09/30/2024 $0.484375 $0.000000 $0.000000 $0.000000 $0.484375 $0.000000
12/15/2024 12/30/2024 $0.484375 $0.000000 $0.000000 $0.000000 $0.484375 $0.000000
  Total $1.937500 $0.000000 $0.000000 $0.000000 $1.937500 $0.000000


About Sachem Capital Corp.

Sachem Capital Corp. is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term (i.e., three years or less) secured, nonbanking loans to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. The Company’s primary underwriting criteria is a conservative loan to value ratio. The properties securing the loans are generally classified as residential or commercial real estate and, typically, are held for resale or investment. Each loan is secured by a first mortgage lien on real estate and is personally guaranteed by the principal(s) of the borrower. The Company also makes opportunistic real estate purchases apart from its lending activities.

CONTACT: Investors:
Email: investors@sachemcapitalcorp.com

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10