Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Company's portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, as well as interests in two condominium hotels and their associated rental programs. The Company owns hotels that operate under the Hilton Worldwide, Hyatt Hotels Corporation, and Marriott International, Inc. brands, as well as independent hotels. Sotherly Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia.
Sotherly Hotels Dividend Announcement
• Sotherly Hotels announced a annually dividend of $0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-05-30
• Sotherly Hotels annual dividend for 2024 was $0.00
• Sotherly Hotels's payout ratio for the trailing twelve months (TTM) is 437.45%
Sotherly Hotels Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-30 | $0.00 | annually | |
2020-03-12 | $0.13 | annually | 2020-04-09 |
2019-12-12 | $0.13 | annually | 2020-01-10 |
2019-09-12 | $0.13 | annually | 2019-10-11 |
2019-06-13 | $0.13 | annually | 2019-07-11 |
2019-03-14 | $0.12 | annually | 2019-04-11 |
2018-12-13 | $0.12 | annually | 2019-01-11 |
2018-09-13 | $0.12 | annually | 2018-10-11 |
2018-06-14 | $0.12 | annually | 2018-07-11 |
2018-03-14 | $0.12 | annually | 2018-04-11 |
2017-12-14 | $0.11 | annually | 2018-01-11 |
2017-09-14 | $0.11 | annually | 2017-10-11 |
2017-06-13 | $0.10 | annually | 2017-07-11 |
2017-03-13 | $0.10 | annually | 2017-04-11 |
2016-12-13 | $0.10 | annually | 2017-01-11 |
2016-09-13 | $0.10 | annually | 2016-10-11 |
2016-06-13 | $0.09 | annually | 2016-07-11 |
2016-03-11 | $0.09 | annually | 2016-04-11 |
2015-12-11 | $0.08 | annually | 2016-01-11 |
2015-09-11 | $0.08 | annually | 2015-10-09 |
2015-06-11 | $0.07 | annually | 2015-07-10 |
2015-03-11 | $0.07 | annually | 2015-04-10 |
2014-12-11 | $0.07 | annually | 2015-01-09 |
2014-09-30 | $0.07 | annually | 2014-10-15 |
2014-06-11 | $0.05 | annually | 2014-07-11 |
2014-03-12 | $0.04 | annually | 2014-04-11 |
2013-12-11 | $0.04 | annually | 2014-01-10 |
2013-09-11 | $0.04 | annually | 2013-10-11 |
2013-06-12 | $0.04 | annually | 2013-07-11 |
2013-03-13 | $0.04 | annually | 2013-04-11 |
2012-12-12 | $0.03 | annually | 2013-01-11 |
2012-09-12 | $0.03 | annually | 2012-10-11 |
2012-06-13 | $0.02 | annually | 2012-07-11 |
2012-03-13 | $0.02 | annually | 2012-04-11 |
2011-12-13 | $0.02 | annually | 2012-01-11 |
2011-09-13 | $0.02 | annually | 2011-10-11 |
2009-06-17 | $0.01 | annually | 2009-06-30 |
2009-03-18 | $0.01 | annually | 2009-03-30 |
Sotherly Hotels Dividend per year
Sotherly Hotels Dividend growth
Sotherly Hotels Dividend Yield
Sotherly Hotels current trailing twelve-month (TTM) dividend yield is 0.0%. Interested in purchasing Sotherly Hotels stock? Use our calculator to estimate your expected dividend yield:
Sotherly Hotels Financial Ratios
Sotherly Hotels Dividend FAQ
Other factors to consider when evaluating Sotherly Hotels as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Sotherly Hotels's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Sotherly Hotels publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Sotherly Hotels distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Sotherly Hotels are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Sotherly Hotels sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Sotherly Hotels distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sotherly Hotels declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Sotherly Hotels's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Sotherly Hotels's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.