Exploring Sotherly Hotels Inc.'s Recent Dividend Announcements

Sotherly Hotels Inc. Dividend Announcements

Recently, Sotherly Hotels Inc. (NASDAQ: SOHO), a notable player in the lodging investment trust (REIT) sector, took significant steps to reward its shareholders. The company has successfully authorized the distribution of quarterly cash dividends for its Series B, Series C, and Series D Preferred Stock, marking a pivotal achievement in its ongoing commitment to enhance shareholder value.

Details of the Preferred Dividends

The Board of Directors at Sotherly Hotels Inc. has declared a quarterly cash dividend of $0.50 per share for its Series B Cumulative Redeemable Perpetual Preferred Stock. This dividend payment is scheduled for November 20, 2025, to all shareholders who are recorded as of October 31, 2025. This move not only demonstrates the company's financial health but also reinforces its dedication to its investors.

Series C Preferred Dividend Information

In addition to the Series B dividend, Sotherly Hotels has also announced a quarterly cash dividend of $0.4921875 per share for its Series C Cumulative Redeemable Perpetual Preferred Stock. This dividend is set to be paid on the same date, reflecting the consistent approach Sotherly has adopted towards maintaining financial stability.

Series D Preferred Dividend Highlights

Furthermore, the Board has authorized a quarterly cash dividend of $0.515625 per share for the Series D Cumulative Redeemable Perpetual Preferred Stock. Like the others, this dividend will be distributed on November 20, 2025, to shareholders recorded by the end of October.

Understanding Sotherly Hotels Inc.

Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT primarily focused on acquiring and enhancing upscale to upper-upscale full-service hotels scattered across the Southern United States. The company is keen on remodeling and repositioning its properties to align with current market trends and needs, ensuring that they remain competitive and appealing.

With a robust portfolio consisting of ten hotel properties that boast a total of 2,786 rooms, along with interests in two condominium hotels and their associated rental programs, Sotherly has strategically positioned itself in the market. The hotels under its ownership include those operating under reputable brands such as Hilton Worldwide and Hyatt Hotels Corporation, alongside independent hotels, ensuring diverse offerings to guests.

Future Prospects for Sotherly Hotels

Since its inception in 2004 and with headquarters established in Williamsburg, Virginia, Sotherly has continually explored avenues for growth and expansion. By opportunistically acquiring properties across the United States, the company is dedicated to enhancing its footprint within the hospitality market and maximizing returns for its shareholders.

As Sotherly Hotels Inc. forges ahead, the commitment to shareholder returns through regular dividend payments highlights a strong balance between growth strategies and rewarding investors. This careful balance positions the company favorably among REIT investors.

Frequently Asked Questions

What is Sotherly Hotels Inc.'s mission?

Sotherly Hotels Inc. aims to acquire and enhance upscale hotels while providing value to its shareholders through strategic investments and renovations.

When is the next dividend payment?

The next dividend payment for the Series B, C, and D preferred stocks is scheduled for November 20, 2025.

What types of properties does Sotherly Hotels own?

Sotherly Hotels owns a mix of upscale hotels under major brands and independent hotels, focusing on diverse offerings in the hospitality sector.

Which stock exchange is Sotherly Hotels listed on?

Sotherly Hotels Inc. is listed on NASDAQ under the ticker symbol SOHO.

How does Sotherly determine its dividend payouts?

The company assesses its financial performance and market conditions to authorize and declare dividend payments to its shareholders.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.