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SOHOO

Closed

Sotherly Hotels Inc Pref

16.
0 (0.00%)
Last Update: 30 Jun 2025 16:30:00
Yesterday: 16.
Day's Range: 16. - 16.
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When Written:
 
24.02
Sotherly Hotels Inc 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 preferred stock is listed on the NASDAQ stock exchange under the ticker symbol SOHOO.

The Sotherly Hotels Inc Pref stock has a par value of $25 per share and pays a fixed dividend of 7.875% per annum, payable quarterly. The dividend is non-cumulative, which means that if the company misses a dividend payment, it does not owe any arrears to the shareholders.

The Sotherly Hotels Inc Pref stock is considered a relatively safe investment as it is backed by the company's real estate assets. However, like any investment, it carries some risks, including interest rate risk, credit risk, and market risk.

Investors who are interested in purchasing Sotherly Hotels Inc Pref stock should consult with a financial advisor to determine if it is an appropriate investment for their portfolio.

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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