Sotherly Hotels Inc. Announces Quarterly Preferred Dividends
Rhea-AI Summary
Sotherly Hotels (NASDAQ:SOHO) has declared quarterly cash dividends for its three series of preferred stock. The company will pay $0.50 per share for its 8.0% Series B stock, $0.4921875 per share for its 7.875% Series C stock, and $0.515625 per share for its 8.25% Series D stock.
All dividend payments will be made on November 20, 2025, to shareholders of record as of October 31, 2025.
Positive
- Consistent dividend payments maintained across all preferred stock series
- Attractive dividend yields ranging from 7.875% to 8.25% for preferred stockholders
Negative
- Preferred dividend obligations represent a fixed cost burden for the company
News Market Reaction – SOHO
In the trading session that priced this news, SOHO declined 0.50%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILLIAMSBURG, Va., July 24, 2025 (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
The Board of Directors also authorized, and the Company has declared, a quarterly cash dividend of
The Board of Directors also authorized, and the Company has declared, a quarterly cash dividend of
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.
Contact at the Company: Mack Sims Sotherly Hotels Inc. 306 South Henry Street, Suite 100 Williamsburg, Virginia 23185 (757) 229-5648