Welcome to our dedicated page for Sotherly Hotels news (Ticker: SOHO), a resource for investors and traders seeking the latest updates and insights on Sotherly Hotels stock.
Sotherly Hotels Inc. was a self-managed and self-administered lodging REIT focused on acquiring, renovating, upbranding and repositioning upscale to upper-upscale full-service hotels, primarily in the Southern United States. Its recurring company news covered operating and financial results, hotel financing, portfolio activity, material agreements, shareholder votes, governance matters and capital-structure disclosures tied to common and preferred equity.
Recent company developments also document Sotherly's completed acquisition by KW Kingfisher LLC and the resulting public-company transition, including Nasdaq delisting activity and preferred-stock reporting matters. Earlier business updates described hotel investments, condominium-hotel interests and properties operating under Hilton Worldwide, Hyatt Hotels Corporation and independent brands.
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.
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