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Sotherly Hotels Inc Dividend Announcement

(NASDAQ:SOHO), www.mhihospitality.com

DIVIDEND ANNOUNCEMENT: Sotherly Hotels Inc (NASDAQ:SOHO) on 01/29/2019 declared a dividend of $0.1250 per share

January 29, 2019

Sotherly Hotels Inc (NASDAQ:SOHO) on 01/29/2019 declared a dividend of $ 0.1250 per share payable on April 11, 2019 to shareholders of record as of March 15, 2019.

Sotherly Hotels Inc (NASDAQ:SOHO) has paid dividends since 2005, has a current dividend yield of 7.8616352081% and has increased its dividends for 7 successive years.

Sotherly Hotels Inc's market cap is $ 90,369,240 and has a PE ratio of -14.79. The stock price closed yesterday at $ 6.36 and has a 52 week low/high of $ 5.43 and $ 7.62.

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, of which Co. is the general partner. Co. owns approximately 88.8% of the partnership units in the Operating Partnership. 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 either MHI Hotels Services, LLC, which does business as Chesapeake Hospitality, or Highgate Hotels, L.P.

For more information on Sotherly Hotels Inc click here.

Sotherly Hotels Inc current dividend information as per the date of this press release is:
Dividend Declaration Date: January 29, 2019
Dividend Ex Date: March 14, 2019
Dividend Record Date: March 15, 2019
Dividend Payment Date: April 11, 2019
Dividend Amount: $ 0.1250
 
 

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