Sotherly Hotels Inc. Announces it is Deferring Second Quarter 2020 Preferred Dividends
April 27 2020 - 06:30PM
Sotherly Hotels Inc.
(NASDAQ: SOHO)
(the “Company”) today announced that, as approved by its board
of directors, the Company is deferring payment of the dividends for
its Series B Cumulative Redeemable Perpetual Preferred Stock,
Series C Cumulative Redeemable Perpetual Preferred Stock, and
Series D Cumulative Redeemable Perpetual Preferred Stock for the
quarterly distribution period ended June 30, 2020.
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 to
upper-upscale full-service hotels in the Southern United States.
Currently, the Company’s portfolio consists of investments in
twelve hotel properties, comprising 3,156 rooms, as well as
interests in two condominium hotels and their associated rental
programs. The Company owns hotels that operate under the Hilton
Worldwide, Marriott International, Inc., and Hyatt Hotels
Corporation brands, as well as independent hotels. 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:
Mack Sims
Sotherly Hotels Inc.306 South Henry Street, Suite 100Williamsburg,
Virginia 23185 (757) 229-5648
Sotherly Hotels (NASDAQ:SOHO)
Historical Stock Chart
From Feb 2024 to Mar 2024
Sotherly Hotels (NASDAQ:SOHO)
Historical Stock Chart
From Mar 2023 to Mar 2024