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Sotherly Hotels, Inc. (NASDAQ:SOHO) offered its shareholders a seventh consecutive annual dividend hike and a current dividend yield of 7%. The company cut its quarterly dividend from $0.17 in the fourth quarter of 2008 to a $0.01 quarterly amount for 2009 and paid just three dividend installments over the subsequent three years. However, after the company resumed hiking its dividends…

Featured Image: by Ingfbruno via Wikimedia Commons Macy’s, Inc. (NYSE: M) improved performance over the last year resulted in an over 50% one-year total return on investment and a forward dividend yield of 4.3%. With the ongoing expansion and popularity of online retail, Macy’s has struggled to stay competitive the last few years. Investors felt this pain acutely, as the company’s share…

Packaging Corporation of America (NYSE:PKG) continued its record of rising dividends with a 25.4% boost to its current quarterly dividend and rewards its investors with an above-industry-average dividend yield of 2.6%. Over the past 14 years since initiating dividend distributions, the company cut its quarterly dividend only once and missed an annual dividend hike only once as well. In addition to…

Legg Mason, Inc. (NYSE:LM) continues its record of raising its annual dividend for nearly a decade with the current 21% quarterly dividend hike and offers its shareholders a 3.6% dividend yield. Legg Mason’s share price and dividend distributions experienced significant turmoil during the 2008 financial crisis. The share price fell more than 87% between May 2007 and February 2009, while…

Date Issued   5/29/2018 Shares Issued   12,000,000   Overallotment   1,800,000 S&P Rating  BB+    Moodys   Baa3 Security Ticker Symbol   UNMA Market Traded ON   NYSE Interest Payment Paid on the 15th of March, June, September and December beginning on 9/30/2018 Quarterly Interest   .391   Annual Interest   1.564 Securities may be redeemed, at the issuers option, as early as 6/15/2023 for a redemption price of $25/share plus accrued interest Interest Payment…