Sotherly Hotels Inc. Common Stock
SOHOSotherly Hotels Inc. (SOHO) is an equity real estate investment trust (REIT) focused on the ownership, operation, and repositioning of upscale, select-service hotels primarily in the southeastern United States. The company emphasizes acquiring and managing properties in high-growth markets, aiming to generate stable income and value appreciation through strategic hotel management and asset repositioning.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| January 10, 2020 | $0.13 | 2019-12-12 | 2019-12-13 |
| October 11, 2019 | $0.13 | 2019-09-12 | 2019-09-13 |
| July 11, 2019 | $0.13 | 2019-06-13 | 2019-06-14 |
| April 11, 2019 | $0.12 | 2019-03-14 | 2019-03-15 |
| January 11, 2019 | $0.12 | 2018-12-13 | 2018-12-14 |
Dividends Summary
- Consistent Payer: Sotherly Hotels Inc. Common Stock has rewarded shareholders with 38 dividend payments over the past 12 years.
- Total Returned Value: Investors who held SOHO shares during this period received a total of $2.97 per share in dividend income.
- Latest Payout: The most recent dividend of $0.13/share was paid 2205 days ago, on January 10, 2020.
- Yield & Schedule: SOHO currently pays dividends quarterly with an annual yield of 23.25%.
- Dividend Growth: Since 2008, the dividend payout has decreased by 23.5%, from $0.17 to $0.13.
- Dividend Reliability: SOHO has maintained or increased its dividend for 36 consecutive payments.
Company News
Sotherly Hotels Inc. stockholders approved a merger with KW Kingfisher LLC, a joint venture led by Kemmons Wilson Hospitality Partners and Ascendant Capital Partners. Shareholders will receive $2.25 per share in cash, with the transaction expected to close in Q1 2026. This represents the highest premium paid for a public REIT in the past five yea...
Sotherly Hotels Inc. announced it is deferring preferred stock dividend payments and suspending future preferred stock dividends. The company is being acquired by a joint venture backed by Kemmons Wilson Hospitality Partners and Ascendant Capital Partners for $2.25 per share in cash.
Sotherly Hotels agreed to be acquired by a joint venture led by Kemmons Wilson Hospitality Partners for $2.25 per share, representing a 153% premium to its recent stock price. The deal is expected to close in Q1 2026 with financing from Apollo Global Management and Ascendant Capital Partners.
Sotherly Hotels Inc. will be acquired by a joint venture led by Kemmons Wilson Hospitality Partners and Ascendant Capital Partners for $2.25 per share in cash, representing a 152.7% premium to its recent share price. The transaction is expected to close in Q1 2026.
