Sotherly Hotels Inc. 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock
By: Tim McPartland,
Date Issued 4/11/2019
Shares Issued 1,080,000 Overallotment Shares 162,000
S&P Rating NR Moodys NR
Security Ticker Symbol SOHON OTC Temporary Ticker SOHEP
Market Traded ON NASDAQ
Dividend Payment Paid on the 15th of January, April, July and October beginning on 7/15/2019
Quarterly Dividend .515 Annual Dividend 2.06
Securities may be redeemed, at the issuers option, as early as 4/18/2024 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
Related Posts:
Tim McPartland
Connect with Tim McPartland
