Sachem Capital Corp. (SCCD) 6.00% Notes are a type of debt security issued by the company. The notes pay a fixed annual interest rate of 6.00% and have a maturity date of July 31, 2024. The notes are unsecured, meaning they are not backed by specific assets or collateral, but are instead backed by the full faith and credit of Sachem Capital Corp.
Investors in Sachem Capital Corp. 6.00% Notes should be aware of the risks associated with investing in debt securities, including the potential for changes in interest rates, credit risk, and liquidity risk. However, the notes' fixed interest rate and relatively short maturity could provide a predictable income stream for investors seeking a stable source of income. Additionally, Sachem Capital Corp. has a strong track record of profitable growth and increasing dividends, which could provide additional assurance to investors. SCCD is traded on the NASDAQ stock exchange.
Sachem Capital Corp. (SCCD) 6.00% Notes are a type of debt security issued by the company. The notes pay a fixed annual interest rate of 6.00% and have a maturity date of July 31, 2024. The notes are unsecured, meaning they are not backed by specific assets or collateral, but are instead backed by the full faith and credit of Sachem Capital Corp.