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SCCC - Grossly Undervalued 9% Yield REIT Set To Soar: Sachem Capital
Sachem Capital Corp. 7.75% Notes due 2025
SACH always has been attractive as a high-yielding REIT with an underleveraged balance sheet and an interesting and potentially very profitable business model.
Recent moves by management are converting SACH into a stock that also will have the ability to grow earnings, book value, and its stock price without sacrificing its generous dividend.
In this article, we explain some recent game-changing events at SACH and why we're bullish on SACH.
SACH offers a 9.2% yield, plus 25% near-term upside.