By the end of today, August 11, 2023, Sachem Cap SACH is set to deliver a dividend payout of $0.13 per share, equating to an annualized dividend yield of 14.48%. Shareholders who owned the stock prior to the ex-dividend date on August 04, 2023 will receive this payout.
Sachem Cap Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-04 | 4 | $0.13 | 14.48% | 2023-07-26 | 2023-08-07 | 2023-08-11 |
| 2023-04-14 | 4 | $0.13 | 14.33% | 2023-04-05 | 2023-04-17 | 2023-04-24 |
| 2022-12-29 | 4 | $0.13 | 15.07% | 2022-12-14 | 2022-12-30 | 2023-01-10 |
| 2022-11-04 | 4 | $0.13 | 13.58% | 2022-10-27 | 2022-11-07 | 2022-11-14 |
| 2022-07-20 | 4 | $0.14 | 13.08% | 2022-07-11 | 2022-07-21 | 2022-07-28 |
| 2022-04-08 | 4 | $0.12 | 9.38% | 2022-04-01 | 2022-04-11 | 2022-04-18 |
| 2021-12-30 | 4 | $0.12 | 8.44% | 2021-12-22 | 2021-12-31 | 2022-01-10 |
| 2021-10-22 | 4 | $0.12 | 8.53% | 2021-10-14 | 2021-10-25 | 2021-10-29 |
| 2021-07-23 | 4 | $0.12 | 9.41% | 2021-07-15 | 2021-07-26 | 2021-07-30 |
| 2021-04-09 | 4 | $0.12 | 9.2% | 2021-04-01 | 2021-04-12 | 2021-04-16 |
| 2020-12-30 | 4 | $0.12 | 11.83% | 2020-12-23 | 2020-12-31 | 2021-01-08 |
| 2020-10-23 | 4 | $0.12 | 11.65% | 2020-10-16 | 2020-10-26 | 2020-11-04 |
Sachem Cap's dividend yield falls in the middle range when compared to its industry peers, with Orchid Island Cap ORC having the highest annualized dividend yield at 19.05%.
Analyzing Sachem Cap Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2020 to 2022, investors saw an average increase in the company's dividend per share, rising from $0.48 in 2020 to $0.52 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For Sachem Cap
Investors can observe a growth in earnings for Sachem Cap from 2020 to 2022, as earnings per share increased from $0.44 to $0.51. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
In this article, we explore the recent dividend payout of Sachem Cap and its significance for shareholders. The company has decided to distribute a dividend of $0.13 per share today, which equates to an annualized dividend yield of 14.48%.
Sachem Cap's dividend yield falls in the middle range when compared to its industry peers, with Orchid Island Cap having the highest annualized dividend yield at 19.05%.
With an increase in dividend per share and earnings per share from 2020 to 2022, Sachem Cap demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Sachem Cap's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
|---|
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