DIVIDEND ANNOUNCEMENT: 7.875% Cum Redeemable Perpetual Pfd Ser C/Sotherly Hotels Inc (NASDAQ:SOHOO) on 08/01/2023 declared a dividend of $0.4922 per share

7.875% Cum Redeemable Perpetual Pfd Ser C/Sotherly Hotels Inc (NASDAQ:SOHOO) on 08/01/2023 declared a dividend of $ 0.4922 per share payable on September 15, 2023 to shareholders of record as of August 31, 2023.

7.875% Cum Redeemable Perpetual Pfd Ser C/Sotherly Hotels Inc (NASDAQ:SOHOO) has paid dividends since 2018, has a current dividend yield of 8.2254695892% and has increased its dividends for 0 successive years.

The stock price closed yesterday at $ 23.95 and has a 52 week low/high of $ 19.63 and $ 25.75.

Sotherly Hotels is a lodging real estate investment trust that owns, acquires, renovates and repositions upscale and upper-upscale hotel properties located in primary markets in the mid-Atlantic and southern U.S. Co. conducts its business through its subsidiary, Sotherly Hotels LP, its operating partnership (the Operating Partnership), of which it is the general partner. Co.'s portfolio consists of upscale and upper-upscale 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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