It’s no secret that large-cap blue-chip stocks have served income investors well over the years. Thanks to their established businesses, these companies can return a substantial amount of cash to investors on a regular basis. The flip side of the story is that because investors have been buying blue-chip dividend stocks left, right, and center, their yields are now subdued. So for yield hunters, it might be worthwhile to check out the smaller names in the dividend stock world.
With that in mind, let’s take a look at Sachem Capital Corp (NYSEAMERICAN:SACH). It is headquartered in Branford, Connecticut, Sachem Capital Corp is a real estate finance company. It specializes in the origination, underwriting, funding, servicing, and managing of a portfolio of first mortgage loans. Compared to a bank who helps a consumer buy their first house, Sachem Capital focuses on serving investors. The company offers short-term, secured, non-banking loans to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties located mainly in Connecticut.
Source: Income Investors
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Little-Known Stock Offers a Big Yield of 11.1%
Posted by D4L | Tuesday, April 23, 2019 | ArticleLinks | 0 comments »________________________________________________________________
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