SOHON Sotherly Hotels 8.25% Series D Cumulative Preferred

We will pay cumulative distributions on our Series D Preferred Stock at a distribution rate of 8.25% per annum of the $25.00 liquidation preference per share, which is equivalent to $2.0625 per share of Series D Preferred Stock, payable quarterly in arrears on the 15th day of January, April, July and October of each year. The first distribution on the Series D Preferred Stock sold in this offering will be paid on July 15, 2019, and will be in the pro-rated amount of $0.41823 per share. On or after April 18, 2024, we may, at our option, redeem our Series D Preferred Stock, in whole or from time to time in part, for cash at a redemption price of $25.00 per share, plus all accrued and unpaid distributions on such shares of Series D Preferred Stock up to, but not including, the redemption date.  This security was issued by Sotherly Hotels Inc, whose common stock symbol is SOHO.

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As of 06/28/2022 16:00:00 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  REIT—Hotel & Motel
Index country:  USA
Country of incorporation:  USA
IPO date:  04/23/2019
Outstanding shares:  1,080,000
Average volume:  3,336
Market cap:   $18,932,400
Current dividend yield:  11.77%    calculation
Coupon rate:    8.250%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   04/18/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      

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