Sotherly Hotels Inc. Declares Preferred Dividend Record Date
September 21 2016 - 4:00PM
Sotherly Hotels Inc. (NASDAQ:SOHO) (the “Company”) today announced
that its Board of Directors has authorized, and the Company has
declared, a record date of September 30, 2016 for the quarterly
cash dividend of $0.211110 per share of beneficial
interest of the Company’s 8.0% Series B Cumulative Redeemable
Perpetual Preferred Stock. The quarterly dividend will be paid on
October 17, 2016 to shareholders of record as of September 30,
2016.
About Sotherly
Hotels Inc. Sotherly Hotels Inc. is a self-managed
and self-administered lodging REIT focused on the acquisition,
renovation, upbranding and repositioning of upscale and
upper-upscale full-service hotels in the Southern United
States. Currently, the Company’s portfolio consists of
investments in twelve hotel properties, comprising 3,011 rooms.
Most of the Company’s properties operate under the Hilton
Worldwide, InterContinental Hotels Group and Starwood Hotels and
Resorts brands. Sotherly Hotels Inc. was organized in 2004 and is
headquartered in Williamsburg, Virginia. For more
information, please visit www.sotherlyhotels.com
Contact at the Company:
Scott Kucinski
Sotherly Hotels Inc.
410 West Francis Street
Williamsburg, Virginia 23185
(757) 229-5648
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