Sachem Capital Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Sachem Capital Corp. on November 28, 2022. The filing reports a corporate action taken by the Board of Directors regarding the Company's preferred stock.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial figure disclosed is the dividend declaration for the 7.75% Series A Cumulative Redeemable Preferred Stock.
- Dividend Declared: $0.484375 per share
- Security: 7.75% Series A Cumulative Redeemable Preferred Stock
- Payment Date: December 30, 2022
- Record Date: December 15, 2022
- Accrual Period: September 30, 2022 through December 29, 2022
Material Changes
The filing reports the authorization of a quarterly dividend payment. No other material changes to the Company's financial condition or operations are disclosed in this specific report.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies beyond the standard dividend declaration.
Investor Verification Checklist
- Verify the record date of December 15, 2022, to confirm eligibility for the dividend.
- Confirm the payment date of December 30, 2022, for cash flow planning.
- Review the Company's most recent 10-Q or 10-K for comprehensive financial performance data, as this 8-K does not contain revenue or earnings figures.