[8-K] Sachem Capital Corp. Reports Material Event
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Sachem Capital Corp. announced that its board of directors declared a quarterly dividend of $0.01 per common share, payable on June 30, 2026 to shareholders of record on June 15, 2026. The board also declared a quarterly dividend of $0.484375 per share on its 7.75% Series A Cumulative Redeemable Preferred Stock, also payable on June 30, 2026 to holders of record on June 15, 2026. The preferred dividend represents the full amount accruing from March 30, 2026 through and including June 29, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Common dividend per share: $0.01 per common share
Preferred dividend per share: $0.484375 per preferred share
Preferred dividend rate: 7.75%
+3 more
6 metrics
Common dividend per share
$0.01 per common share
Quarterly dividend payable June 30, 2026
Preferred dividend per share
$0.484375 per preferred share
7.75% Series A cumulative dividend for quarter
Preferred dividend rate
7.75%
Series A Cumulative Redeemable Preferred Stock
Dividend pay date
June 30, 2026
Payment date for common and preferred dividends
Dividend record date
June 15, 2026
Record date for eligibility for both dividends
Accrual period for preferred
March 30, 2026 to June 29, 2026
Period covered by the stated preferred dividend
Key Terms
7.75% Series A Cumulative Redeemable Preferred Stock, mortgage REIT, first mortgages on real property, forward-looking statements, +1 more
5 terms
7.75% Series A Cumulative Redeemable Preferred Stock financial
"the Company’s 7.75% Series A Cumulative Redeemable Preferred Stock, par value $0.001 per share"
mortgage REIT financial
"Sachem is a mortgage REIT that specializes in originating, underwriting, funding,"
A mortgage REIT is a company that pools money from investors to buy mortgages or mortgage-backed securities and funds those purchases by borrowing or issuing shares; it earns profit from the difference between what it collects on loans and what it pays to borrow. Think of it like a specialized lending business that pays out most of its earnings as dividends, so investors get regular income but also face higher sensitivity to interest rates, credit problems, and changes in the housing market.
first mortgages on real property financial
"managing a portfolio of loans secured by first mortgages on real property"
forward-looking statements regulatory
"This press release may contain forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
loan to value ratio financial
"The Company’s primary underwriting criteria is a conservative loan to value ratio."
Loan-to-value ratio (LTV) measures how much of an asset’s value is financed with debt, expressed as a percentage of the loan amount divided by the asset’s appraised value. For investors, LTV signals risk: a higher LTV means less equity cushion and greater chance of loss if prices fall, which can lead to higher borrowing costs, tighter lending terms, or forced sales — like putting little down on a house and having less protection if its price drops.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________________________________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 4, 2026
(Exact name of Registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| (Address of Principal Executive Office) | (Zip Code) | |||||||
Registrant's telephone number, including area code (203 ) 433-4736
| (Former Name or Former Address, if Changed Since Last Report) | ||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Ticker symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 8.01. Other Events.
On June 4, 2026, Sachem Capital Corp. (the "Company") issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing that its board of directors authorized and declared a quarterly dividend of (i) $0.01 per common share, par value $0.001 per share, of the Company to be paid on June 30, 2026 to shareholders of record as of June 15, 2026; and (ii) $0.484375 per share on the Company’s 7.75% Series A Cumulative Redeemable Preferred Stock, par value $0.001, payable on June 30, 2026 to shareholders of record on June 15, 2026. The dividend on the preferred stock represents the full amount accrued from March 30, 2026, through and including June 29, 2026.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | Description | ||||
| 99.1 | Press Release, dated June 4, 2026. | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | ||||
* * * * *
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Sachem Capital Corp. | ||||||||
| Dated: June 4, 2026 | By: | /s/ John L. Villano | ||||||
| John L. Villano, CPA | ||||||||
| President and Chief Executive Officer | ||||||||
3
EXHIBIT 99.1
SACHEM CAPITAL CORP. ANNOUNCES COMMON AND PREFERRED DIVIDENDS
BRANFORD, CT, June 4, 2026 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) (the “Company”), a real estate lender specializing in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property, announced today that its Board of Directors (the “Board”) declared a quarterly dividend of $0.01 per common share to be paid on June 30, 2026 to shareholders of record as of the close of trading on the NYSE American on June 15, 2026.
Additionally, the Board declared a quarterly dividend of $0.484375 per share to holders of the Company’s 7.75% Series A Cumulative Redeemable Preferred Stock, par value $0.001 per share, payable on June 30, 2026 to shareholders of record as of the close of trading on the NYSE American on June 15, 2026. This dividend represents the full amount of the dividend accruing from March 30, 2026 through and including June 29, 2026.
About Sachem Capital Corp.
Sachem 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., one to three years), 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. Loans are secured by mortgage liens on real estate and often are personally guaranteed by the principal(s) of the borrower. The Company also makes opportunistic real estate purchases apart from its lending activities.
Forward Looking Statements
This press release may contain forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding the Company’s future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements. The words “anticipate,” “estimate,” “expect,” “project,” “plan,” “seek,” “intend,” “believe,” “may,” “might,” “will,” “should,” “could,” “likely,” “continue,” “design,” and the negative of such terms and other words and terms of similar expressions are intended to identify forward-looking statements. These forward-looking statements are based primarily on management’s current expectations and projections about future events and trends that management believes may affect the company’s financial condition,
EXHIBIT 99.1
results of operations, strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to several risks, uncertainties and assumptions as described in the Annual Report on Form 10-K for 2025 filed with the U.S. Securities and Exchange Commission on March 13, 2026, as supplemented by our subsequently filed Quarterly Reports on Form 10-Q. Because of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, level of activity, performance, or achievements. In addition, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company disclaims any duty to update any of these forward-looking statements. All forward-looking statements attributable to the Company are expressly qualified in their entirety by these cautionary statements as well as others made in this press release. You should evaluate all forward-looking statements made by the Company in the context of these risks and uncertainties.
Investors & Media Contact:
Sachem Capital
Investor Relations
Email: investors@sachemcapitalcorp.com