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8.0% Pfd Ser B/Sotherly Hotels Inc Dividend Announcement
(NASDAQ:SOHOB), www.mhihospitality.com
DIVIDEND ANNOUNCEMENT: 8.0% Pfd Ser B/Sotherly Hotels Inc (NASDAQ:SOHOB) on 10/30/2018 declared a dividend of $0.5000 per share
8.0% Pfd Ser B/Sotherly Hotels Inc (NASDAQ:SOHOB) on 10/30/2018 declared a dividend of $ 0.5000 per share payable on January 15, 2019 to shareholders of record as of December 31, 2018.
8.0% Pfd Ser B/Sotherly Hotels Inc (NASDAQ:SOHOB) has paid dividends since 2016, has a current dividend yield of 7.91% and has increased its dividends for 1 successive years.
The stock price closed yesterday at $ 25.29 and has a 52 week low/high of $ 24.75 and $ 27.32.
Sotherly Hotels is a self-managed and self-administered lodging real estate investment trust engaged in owning, acquiring, renovating and repositioning hotel properties located in primary markets in the mid-Atlantic and southern U.S. Co. conducts its business through Sotherly Hotels LP, its operating partnership. As of Dec 31 2016, Co.'s portfolio consisted of 12 primarily upscale and upper-upscale hotels located in eight states with an aggregate of 3,011 rooms. All of Co.'s hotels are wholly-owned by subsidiaries of the Operating Partnership, and all are managed on a day to day basis by MHI Hotels Services, LLC.
For more information on 8.0% Pfd Ser B/Sotherly Hotels Inc click here.
Dividend Ex Date: December 28, 2018
Dividend Record Date: December 31, 2018
Dividend Payment Date: January 15, 2019
Dividend Amount: $ 0.5000
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