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Sotherly Hotels Inc. Announces Quarterly Preferred Dividends

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Sotherly Hotels (NASDAQ: SOHO) has declared quarterly cash dividends for its preferred stock series. The company will pay:

- $0.50 per share (8.0% Series B)
- $0.4921875 per share (7.875% Series C)
- $0.515625 per share (8.25% Series D)

All preferred stock dividends will be paid on December 16, 2024, to shareholders of record as of November 29, 2024.

Sotherly Hotels (NASDAQ: SOHO) ha dichiarato dividendi in contante trimestrali per le sue serie di azioni privilegiate. L'azienda pagherà:

- $0.50 per azione (8.0% Serie B)
- $0.4921875 per azione (7.875% Serie C)
- $0.515625 per azione (8.25% Serie D)

Tutti i dividendi delle azioni privilegiate saranno pagati il 16 dicembre 2024, agli azionisti registrati al 29 novembre 2024.

Sotherly Hotels (NASDAQ: SOHO) ha declarado dividendos en efectivo trimestrales para su serie de acciones preferentes. La empresa pagará:

- $0.50 por acción (8.0% Serie B)
- $0.4921875 por acción (7.875% Serie C)
- $0.515625 por acción (8.25% Serie D)

Todos los dividendos de acciones preferentes se pagarán el 16 de diciembre de 2024, a los accionistas registrados a partir del 29 de noviembre de 2024.

Sotherly Hotels (NASDAQ: SOHO)는 자사의 우선주 시리즈에 대한 분기 현금 배당금을 발표했습니다. 회사는 다음과 같이 지급할 예정입니다:

- 주당 $0.50 (8.0% 시리즈 B)
- 주당 $0.4921875 (7.875% 시리즈 C)
- 주당 $0.515625 (8.25% 시리즈 D)

모든 우선주 배당금은 2024년 12월 16일에 지급되며, 2024년 11월 29일 기준의 주주에게 지급됩니다.

Sotherly Hotels (NASDAQ: SOHO) a déclaré des dividendes en espèces trimestriels pour ses actions privilégiées. L'entreprise paiera :

- 0,50 $ par action (8,0 % Série B)
- 0,4921875 $ par action (7,875 % Série C)
- 0,515625 $ par action (8,25 % Série D)

Tous les dividendes des actions privilégiées seront payés le 16 décembre 2024, aux actionnaires inscrits au 29 novembre 2024.

Sotherly Hotels (NASDAQ: SOHO) hat vierteljährliche Bargelddividenden für seine Präferenzaktien-Serie erklärt. Das Unternehmen wird zahlen:

- $0.50 pro Aktie (8.0% Serie B)
- $0.4921875 pro Aktie (7.875% Serie C)
- $0.515625 pro Aktie (8.25% Serie D)

Alle Dividenden der Präferenzaktien werden am 16. Dezember 2024 an Aktionäre ausgezahlt, die am 29. November 2024 im Aktienregister stehen.

Positive
  • Consistent dividend payments maintained for all preferred stock series
  • Company demonstrates ability to meet preferred dividend obligations
Negative
  • None.

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 Company has declared, a quarterly cash dividend of $0.515625 per share of beneficial interest of the Company’s 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock. The Series D preferred dividend will be paid on December 16, 2024, to shareholders of record as of November 29, 2024.

About Sotherly Hotels Inc.

Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States. Currently, the Company’s portfolio consists of investments in ten hotel properties, comprising 2,786 rooms, as well as interests in two condominium hotels and their associated rental programs. The Company owns hotels that operate under the Hilton Worldwide and Hyatt Hotels Corporation brands, as well as independent hotels. Sotherly Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia. For more information, please visit www.sotherlyhotels.com.


FAQ

What is the dividend amount for Sotherly Hotels Series B preferred stock in Q4 2024?

Sotherly Hotels (SOHO) will pay $0.50 per share for Series B preferred stock on December 16, 2024.

When is the record date for Sotherly Hotels preferred stock dividends in Q4 2024?

The record date for all Sotherly Hotels preferred stock dividends is November 29, 2024.

What are the dividend rates for Sotherly Hotels different preferred stock series?

Sotherly Hotels preferred stock dividend rates are 8.0% for Series B, 7.875% for Series C, and 8.25% for Series D.

When will SOHO pay its Q4 2024 preferred dividends?

Sotherly Hotels will pay all its preferred stock dividends on December 16, 2024.

Sotherly Hotels Inc.

NASDAQ:SOHO

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19.65M
16.90M
14.27%
29.38%
0.43%
REIT - Hotel & Motel
Real Estate Investment Trusts
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United States of America
WILLIAMSBURG