Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock
SOHOBDividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 16, 2025 | $0.50 | 2025-05-30 | 2025-05-30 |
| March 14, 2025 | $0.50 | 2025-02-28 | 2025-02-28 |
| December 16, 2024 | $0.50 | 2024-11-29 | 2024-11-29 |
| September 16, 2024 | $0.50 | 2024-08-30 | 2024-08-30 |
| June 17, 2024 | $0.50 | 2024-05-31 | 2024-05-31 |
Dividends Summary
- Consistent Payer: Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock has rewarded shareholders with 25 dividend payments over the past 9 years.
- Total Returned Value: Investors who held SOHOB shares during this period received a total of $12.21 per share in dividend income.
- Latest Payout: The most recent dividend of $0.50/share was paid 221 days ago, on June 16, 2025.
- Yield & Schedule: SOHOB currently pays dividends quarterly with an annual yield of 11.04%.
- Dividend Growth: Since 2016, the dividend payout has grown by 136.9%, from $0.21 to $0.50.
- Dividend Reliability: SOHOB has maintained or increased its dividend for 25 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.
