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DIVIDEND ANNOUNCEMENT: 8.0% Pfd Ser B/Sotherly Hotels Inc (NASDAQ:SOHOB) on 10/29/2019 declared a dividend of $0.5000 per share
8.0% Pfd Ser B/Sotherly Hotels Inc (NASDAQ:SOHOB) on 10/29/2019 declared a dividend of $ 0.5000 per share payable on January 15, 2020 to shareholders of record as of December 31, 2019.
8.0% Pfd Ser B/Sotherly Hotels Inc (NASDAQ:SOHOB) has paid dividends since 2016, has a current dividend yield of 7.7502856255% and has increased its dividends for 0 successive years.
The stock price closed yesterday at $ 25.81 and has a 52 week low/high of $ 21.32 and $ 26.29.
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 8.0% Pfd Ser B/Sotherly Hotels Inc click here.
Dividend Ex Date: December 30, 2019
Dividend Record Date: December 31, 2019
Dividend Payment Date: January 15, 2020
Dividend Amount: $ 0.5000
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