Company: SACH
Filing Date: 2025-05-16
Form Type: S-3
Source: 0001628280-25-026169
Chunk: 12

Company: Sachem Capital Corp.
Filing Date: 2025-05-16
Form: S-3
Chunk 12
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 distribute annually at least 90% of its taxable income. To the extent that it annually distributes less than 100% of its taxable income, the undistributed amount is taxed at regular corporate rates.

We intend to pay regular quarterly dividends in an amount necessary to maintain our qualification as a REIT. Any distributions we make to our shareholders, the amount of such dividend and whether such dividend is payable in cash, our common shares or other property, or a combination thereof, is at the discretion of the Board and will depend on, among other things, our actual results of operations and liquidity. These results and our ability to pay distributions will be affected by various factors, including the net interest and other income from our portfolio, our operating expenses and other expenditures and the restrictions and limitations imposed by the New York Business Corporation Law, referred to as the BCL, and any restrictions and/or limitations imposed on us by our creditors.

The table below sets forth dividends paid to the holders of our common shares since January 1, 2023.

| Payment Date 
 2025         |     | Amount Per Share |      |
|:-------------|:----|:-----------------|-----:|
| March 31     |     | $                | 0.05 |
| 2024         |     |                  |      |
| November 26  |     | $                | 0.05 |
| August 6     |     | $                | 0.08 |
| April 16     |     | $                | 0.11 |
| January 10¥  |     | $                | 0.11 |
| 2023         |     |                  |      |
| November 7   |     | $                | 0.11 |
| August 11    |     | $                | 0.13 |
| April 24     |     | $                | 0.13 |
| January 10*  |     | $                | 0.13 |

__________________

¥ A portion represents a distribution of 2023 income.

* A portion represents a distribution of 2022 income.

Our ability to pay dividends, the amount of the dividend and the frequency at which we will pay dividends is subject to numerous factors, including the following:

• how quickly we can deploy the net proceeds from the sale of Securities to make new loans;

• our ability to increase the interest rate on our loans to keep pace with the frequency and size of rate increases under our existing and future credit facilities