Sotherly Hotels 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock

By: ,

Date Issued   10/4/2017

Shares Issued   1,200,000   Overallotment Shares 180,000

S&P Rating  NR       Moodys  NR


Security Ticker Symbol   SOHOO       OTC Temporary Ticker   SOHPP

Market Traded ON   NASDAQ

Dividend Payment Paid on the 15th  of January, April, July and October beginning on  1/15/2018

Quarterly Dividend   .492   Annual Dividend   1.967

Securities may be redeemed, at the issuers option, as early as 10/15/2022 for a redemption price of $25/share plus accrued dividends


Dividend Payment Will NOT be a Qualified Distributions.  Preferred stock of REITs do no pay qualified distributions.

Maturity Date   None


Company Investor Relations Page for Sotherly Hotels

Click here to find the offering Prospectus

Tim McPartland

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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