Sachem Capital Corp. Announces Tax Reporting Information
Sachem Capital Corp. (NYSE American: SACH) has released its tax treatment information for 2024 distributions on common and preferred stock. For common stock, the company paid total distributions of $0.24 per share, distributed across three payments: $0.11 (April), $0.08 (August), and $0.05 (November). All common stock distributions were classified as nondividend distributions.
For preferred stock, SACH distributed a total of $1.9375 per share through four quarterly payments of $0.484375 each, all classified as nondividend distributions. The company operates as a mortgage REIT, specializing in short-term secured loans for real estate investors, focusing on properties held for resale or investment with first mortgage liens.
Sachem Capital Corp. (NYSE American: SACH) ha rilasciato le informazioni sul trattamento fiscale per le distribuzioni del 2024 riguardanti le azioni ordinarie e privilegiate. Per le azioni ordinarie, la società ha effettuato distribuzioni totali di $0,24 per azione, suddivise in tre pagamenti: $0,11 (aprile), $0,08 (agosto) e $0,05 (novembre). Tutte le distribuzioni delle azioni ordinarie sono state classificate come distribuzioni non di dividendo.
Per le azioni privilegiate, SACH ha distribuito un totale di $1,9375 per azione tramite quattro pagamenti trimestrali di $0,484375 ciascuno, tutti classificati come distribuzioni non di dividendo. La società opera come un REIT ipotecario, specializzandosi in prestiti garantiti a breve termine per investitori immobiliari, concentrandosi su proprietà detenute per la rivendita o l'investimento con ipoteche di primo grado.
Sachem Capital Corp. (NYSE American: SACH) ha publicado su información sobre el tratamiento fiscal para las distribuciones de 2024 en acciones comunes y preferidas. Para las acciones comunes, la empresa pagó distribuciones totales de $0.24 por acción, distribuidas en tres pagos: $0.11 (abril), $0.08 (agosto) y $0.05 (noviembre). Todas las distribuciones de acciones comunes se clasificaron como distribuciones no de dividendos.
Para las acciones preferidas, SACH distribuyó un total de $1.9375 por acción a través de cuatro pagos trimestrales de $0.484375 cada uno, todos clasificados como distribuciones no de dividendos. La empresa opera como un REIT hipotecario, especializándose en préstamos garantizados a corto plazo para inversores inmobiliarios, centrándose en propiedades mantenidas para reventa o inversión con hipotecas de primer grado.
Sachem Capital Corp. (NYSE American: SACH)는 2024년 보통주 및 우선주 배당에 대한 세금 처리 정보를 발표했습니다. 보통주의 경우, 회사는 총 $0.24 per 주식의 배당금을 세 번에 걸쳐 지급했습니다: $0.11 (4월), $0.08 (8월), $0.05 (11월). 모든 보통주 배당금은 비배당 배당금으로 분류되었습니다.
우선주의 경우, SACH는 총 $1.9375 per 주식을 4분기별 지급 $0.484375씩 지급했으며, 모두 비배당 배당금으로 분류됩니다. 이 회사는 부동산 투자자를 위해 단기 담보 대출을 전문으로 하는 모기지 REIT로 운영되며, 재판매 또는 투자 목적의 소유 부동산에 1순위 담보권을 두고 있습니다.
Sachem Capital Corp. (NYSE American: SACH) a publié ses informations concernant le traitement fiscal des distributions pour l'année 2024 sur les actions ordinaires et privilégiées. Pour les actions ordinaires, l'entreprise a effectué des distributions totales de $0,24 par action, réparties en trois paiements : $0,11 (avril), $0,08 (août) et $0,05 (novembre). Toutes les distributions d'actions ordinaires ont été classées comme des distributions non-dividendes.
Pour les actions privilégiées, SACH a distribué un total de $1,9375 par action à travers quatre paiements trimestriels de $0,484375 chacun, tous classés comme des distributions non-dividendes. L'entreprise opère en tant que REIT hypothécaire, spécialisée dans les prêts garantis à court terme pour les investisseurs immobiliers, se concentrant sur les propriétés détenues pour la revente ou l'investissement avec des hypothèques de premier rang.
Sachem Capital Corp. (NYSE American: SACH) hat Informationen zur steuerlichen Behandlung von Ausschüttungen für das Jahr 2024 hinsichtlich Stamm- und Vorzugsaktien veröffentlicht. Für die Stammaktien hat das Unternehmen insgesamt $0,24 pro Aktie ausgeschüttet, verteilt auf drei Zahlungen: $0,11 (April), $0,08 (August) und $0,05 (November). Alle Stammaktien-Ausschüttungen wurden als nicht-dividenden Ausschüttungen klassifiziert.
Für die Vorzugsaktien hat SACH insgesamt $1,9375 pro Aktie verteilt, und zwar durch vier vierteljährliche Zahlungen von jeweils $0,484375, die ebenfalls als nicht-dividenden Ausschüttungen klassifiziert wurden. Das Unternehmen fungiert als Hypotheken-REIT und spezialisiert sich auf kurzfristige gesicherte Darlehen für Immobilieninvestoren, wobei der Fokus auf Immobilien liegt, die zum Weiterverkauf oder zur Investition mit ersten Hypotheken belastet sind.
- Maintained consistent quarterly preferred stock dividend payments throughout 2024
- Continued dividend payments on common stock, indicating operational stability
- Common stock dividend decreased throughout 2024 from $0.11 to $0.05 per share
- Total common stock distribution of $0.24 per share indicates reduced shareholder returns
Insights
The 2024 tax treatment disclosure from Sachem Capital Corp reveals several important insights for investors. The common stock distributions show a concerning downward trend, declining from
The classification of all distributions as nondividend distributions (return of capital) is particularly noteworthy. This means shareholders must reduce their cost basis by
The preferred stock maintained stable quarterly payments of
BRANFORD, Conn., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced today the tax treatment for the Company's distributions on its common stock (CUSIP: 78590A109) and preferred stock (CUSIP: 78590A505) paid with respect to the calendar year ended December 31, 2024:
COMMON STOCK TAX INFORMATION
| Box 1a | Box 1b | Box 2a | Box 3 | Box 5 | |||
| Record Date | Payable Date | Rate per Share | Ordinary Dividends Per Share | Qualified Dividends Per Share | Total Capital Gain Per Share | Nondividend Dist. Per Share | Section 199A Dividends Per Share |
| 04/09/2024 | 04/16/2024 | ||||||
| 07/29/2024 | 08/06/2024 | ||||||
| 11/18/2024 | 11/26/2024 | ||||||
| Total | |||||||
PREFERRED STOCK TAX INFORMATION
| Box 1a | Box 1b | Box 2a | Box 3 | Box 5 | |||
| Record Date | Payable Date | Rate per Share | Ordinary Dividends Per Share | Qualified Dividends Per Share | Total Capital Gain Per Share | Nondividend Dist. Per Share | Section 199A Dividends Per Share |
| 03/15/2024 | 03/30/2024 | ||||||
| 06/15/2024 | 06/30/2024 | ||||||
| 09/15/2024 | 09/30/2024 | ||||||
| 12/15/2024 | 12/30/2024 | ||||||
| Total |
About Sachem Capital Corp.
Sachem Capital Corp. 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., three years or less) 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. Each loan is secured by a first mortgage lien on real estate and is personally guaranteed by the principal(s) of the borrower. The Company also makes opportunistic real estate purchases apart from its lending activities.
FAQ
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