Sotherly Hotels 8% Series B Cumulative Redeemable Perpetual Preferred Stock
By: Tim McPartland,
Date Issued 8/23/2016
Shares Issued 1,610,000 Overallotment Shares 241,500
S&P Rating NR Moodys NR
Security Ticker Symbol SOHOB OTC Temporary Ticker SOHYP
Market Traded ON NASDAQ
Dividend Payment Paid on the 15th of January, April, July and October beginning on 10/15/2016
Quarterly Dividend .50 Annual Dividend 2.00
Securities may be redeemed, at the issuers option, as early as 08/23/2021 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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