Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock

SOHOB
$16.88 -0.04 (-0.24%)
Dividend Yield 11.85%
Payout Frequency Quarterly

Dividend History

Pay DateAmountEx-DateRecord Date
June 16, 2025$0.502025-05-302025-05-30
March 14, 2025$0.502025-02-282025-02-28
December 16, 2024$0.502024-11-292024-11-29
September 16, 2024$0.502024-08-302024-08-30
June 17, 2024$0.502024-05-312024-05-31

Dividends Summary

Company News

Sotherly Hotels Inc. Announces Deferral of Payment of Preferred Dividends
GlobeNewswire Inc. • Sotherly Hotels Inc. • October 27, 2025

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.

This $2.25-A-Share Deal Just Sent Sotherly Hotels Stock Soaring Over 140%
Benzinga • Akanksha Bakshi • October 27, 2025

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.

Help Wanted: Shortages Intensify
Seeking Alpha • Hoya Capital Real Estate • October 9, 2021

U.S. equity markets bounced back following the worst week since February. The Equity REIT Index declined 0.4% while Mortgage REITs gained 0.7%. Read to know more.

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