Sotherly Hotels 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock
By: Tim McPartland,
Date Issued 10/4/2017
Shares Issued 1,200,000 Overallotment Shares 180,000
S&P Rating NR Moodys NR
Security Ticker Symbol SOHOO OTC Temporary Ticker SOHPP
Market Traded ON NASDAQ
Dividend Payment Paid on the 15th of January, April, July and October beginning on 1/15/2018
Quarterly Dividend .492 Annual Dividend 1.967
Securities may be redeemed, at the issuers option, as early as 10/15/2022 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will NOT be a Qualified Distributions. Preferred stock of REITs do no pay qualified distributions.
Maturity Date None
Company Investor Relations Page for Sotherly Hotels
Click here to find the offering Prospectus
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