SOHOB
Closed
Sotherly Hotels Inc Series B Pref
16.43
+0.41 (+2.56%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 16.02
Day's Range: 16.03 - 16.43
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When Written:
24.2
Sotherly Hotels Inc Series B Pref is a preferred stock issued by Sotherly Hotels Inc, a real estate investment trust (REIT) that owns and operates upscale hotels in the United States. The Series B Pref stock has a par value of $0.01 per share and pays a fixed dividend of 8.0% per annum. The dividend is paid quarterly and is non-cumulative, meaning that if the company misses a dividend payment, it does not owe it to shareholders in the future. The Series B Pref stock is callable by the company at any time after November 15, 2022, at a price of $25 per share plus accrued and unpaid dividends. The stock is listed on the NASDAQ under the ticker symbol "SOHOB." As a preferred stock, Series B Pref shareholders have priority over common stockholders in the event of bankruptcy or liquidation. However, they do not have voting rights in the company.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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