DIVIDEND ANNOUNCEMENT: 8.0% Pfd Ser B/Sotherly Hotels Inc (NASDAQ:SOHOB) on 01/24/2023 declared a dividend of $0.5000 per share

8.0% Pfd Ser B/Sotherly Hotels Inc (NASDAQ:SOHOB) on 01/24/2023 declared a dividend of $ 0.5000 per share payable on March 15, 2023 to shareholders of record as of February 28, 2023.

8.0% Pfd Ser B/Sotherly Hotels Inc (NASDAQ:SOHOB) has paid dividends since 2016, has a current dividend yield of 9.3457946777% and has increased its dividends for 0 successive years.

The stock price closed yesterday at $ 21.40 and has a 52 week low/high of $ 16.12 and $ 24.75.

Sotherly Hotels is a self-managed and self-administered lodging real estate investment trust. Co. owns, acquires, renovates and repositions 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 (the Operating Partnership), of which Co. is the general partner. Co.'s portfolio consists of several hotels located in various states and interests in several condominium hotels and their associated rental programs. All of Co.'s hotels are wholly-owned by subsidiaries of the Operating Partnership and are managed on a day-to-day basis by Our Town Hospitality, LLC.

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