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