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SCCB - Two Great Income Options Yields Up To 10.2% From Sachem Capital
July, 15 2019 08:35 AM
Sachem Capital Corp. 7.125% Notes due 2024
Co-produced with Treading Softly and Trapping Value for High Dividend Opportunities
Previously, we covered Sachem Capital (SACH ) and highlighted the opportunity to invest in this niche lender. At that time we stated:
Based on our analysis, this stock offers 40% upside potential in addition to the 10.6% yield.
Since then, SACH has risen 19% and paid a dividend to its shareholders.
Data by YCharts
Major Concern Solved - Liquidity We had one major concern regarding SACH, it was running out of easy money to grow. Their credit lines were used up and they
Read more ...
Stock Information
Company Name:
Sachem Capital Corp. 7.125% Notes due 2024
Stock Symbol:
SCCB
Market:
NYSE
Website:
sachemcapitalcorp.com
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