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Stock impact report

Sotherly Hotels Inc. Announces Quarterly Preferred Dividends

Sotherly Hotels Inc. (SOHO) 
Last sotherly hotels inc. earnings: 2/27 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.sotherlyhotels.com
Company Research Source: GlobeNewswire
WILLIAMSBURG, Va., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that its Board of Directors has authorized payment of quarterly cash dividends for the Company’s Series B, Series C, and Series D Preferred Stock. The Board of Directors authorized, and the Company has declared, a quarterly cash dividend of $0.50 per share of beneficial interest of the Company’s 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock. The Series B preferred dividend will be paid on December 16, 2024, to shareholders of record as of November 29, 2024. The Board of Directors also authorized, and the Company has declared, a quarterly cash dividend of $0.4921875 per share of beneficial interest of the Company’s 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock. The Series C preferred dividend will be paid on December 16, 2024, to shareholders of record as of November 29, 2024. The Board of Directors also authorized, and the Comp Show less Read more
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