DIVIDEND ANNOUNCEMENT: 8.25% Cum Red Perp Pfd Ser D/Sotherly Hotels Inc (NASDAQ:SOHON) on 10/29/2019 declared a dividend of $0.5156 per share

8.25% Cum Red Perp Pfd Ser D/Sotherly Hotels Inc (NASDAQ:SOHON) on 10/29/2019 declared a dividend of $ 0.5156 per share payable on January 15, 2020 to shareholders of record as of December 31, 2019.

8.25% Cum Red Perp Pfd Ser D/Sotherly Hotels Inc (NASDAQ:SOHON) has paid dividends since 2019, has a current dividend yield of 8.0031080246% and has increased its dividends for 0 successive years.

The stock price closed yesterday at $ 25.74 and has a 52 week low/high of $ 24.85 and $ 29.98.

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.

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