Sachem Capital Corp. 7.125% Not (OTCMKTS:SCCB) Stock Price Crosses Below 200-Day Moving Average of $24.45

Sachem Capital Corp. 7.125% Not (OTCMKTS:SCCBGet Rating)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $24.45 and traded as low as $24.16. Sachem Capital Corp. 7.125% Not shares last traded at $24.16, with a volume of 425 shares trading hands.

Sachem Capital Corp. 7.125% Not Stock Performance

The company has a 50 day moving average of $24.40 and a two-hundred day moving average of $24.45.

Sachem Capital Corp. 7.125% Not Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Thursday, June 15th will be given a $0.4453 dividend. The ex-dividend date is Wednesday, June 14th. This represents a $1.78 annualized dividend and a yield of 7.37%.

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