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Sotherly Hotels Inc. (NASDAQ: SOHO) announced the authorization of quarterly cash dividends for its Series B, Series C, and Series D Preferred Stock. The dividends range from $0.4921875 to $0.515625 per share and will be paid on June 17, 2024 to shareholders of record as of May 31, 2024.
Sotherly Hotels Inc. (NASDAQ: SOHO) ha annunciato l'autorizzazione dei dividendi trimestrali in contanti per le sue azioni preferenziali Serie B, Serie C e Serie D. I dividendi variano da 0,4921875 a 0,515625 dollari per azione e saranno pagati il 17 giugno 2024 agli azionisti registrati al 31 maggio 2024.
Sotherly Hotels Inc. (NASDAQ: SOHO) anunció la autorización de dividendos trimestrales en efectivo para sus acciones preferentes Serie B, Serie C y Serie D. Los dividendos oscilan entre $0.4921875 y $0.515625 por acción y se pagarán el 17 de junio de 2024 a los accionistas registrados hasta el 31 de mayo de 2024.
소덜리 호텔즈 인크(NASDAQ: SOHO)는 자사의 시리즈 B, 시리즈 C 및 시리즈 D 우선주에 대한 분기별 현금 배당 승인을 발표했습니다. 배당금은 주당 $0.4921875에서 $0.515625로, 2024년 5월 31일에 등록된 주주들에게 2024년 6월 17일에 지급될 예정입니다.
Sotherly Hotels Inc. (NASDAQ: SOHO) a annoncé l’autorisation des dividendes trimestriels en espèces pour ses actions préférentielles Série B, Série C et Série D. Les dividendes vont de 0,4921875 à 0,515625 dollars par action et seront versés le 17 juin 2024 aux actionnaires inscrits au 31 mai 2024.
Sotherly Hotels Inc. (NASDAQ: SOHO) hat die Genehmigung von vierteljährlichen Bardividenden für seine Vorzugsaktien der Serien B, C und D bekanntgegeben. Die Dividenden variieren zwischen 0,4921875 und 0,515625 Dollar pro Aktie und werden am 17. Juni 2024 an die am 31. Mai 2024 eingetragenen Aktionäre ausgezahlt.
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WILLIAMSBURG, Va., April 30, 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 June 17, 2024 to shareholders of record as of May 31, 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 June 17, 2024 to shareholders of record as of May 31, 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 June 17, 2024 to shareholders of record as of May 31, 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 did Sotherly Hotels Inc. announce regarding dividends?
Sotherly Hotels Inc. announced the authorization of quarterly cash dividends for its Series B, Series C, and Series D Preferred Stock.
When will the dividends be paid?
The dividends will be paid on June 17, 2024.
What is the dividend range per share?
The dividend range per share is between $0.4921875 to $0.515625.
