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Stock Market & Financial Investment News

News Breaks
July 9, 2014
17:30 EDTSOHOSotherly Hotels announces $23.4M 'at-the-market' equity offering
Sotherly Hotels announced that it has entered into a Sales Agency Agreement with its operating partnership, Sotherly Hotels LP, and Sandler O’Neill & Partners as the sales agent, under which it may, from time to time, sell up to $23.4M of its common stock pursuant to an "at-the-market" equity offering program. The common stock may be offered and sold through Sandler O’Neill at market prices or as otherwise agreed to with Sandler O’Neill. The company has no obligation to sell any of the common stock under the Sales Agency Agreement, and may at any time suspend solicitation and offers.
News For SOHO From The Last 14 Days
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April 27, 2015
15:38 EDTSOHOSotherly Hotels increases quarterly dividend to 7.5c per share
Sotherly Hotels announced that its board has declared a quarterly cash dividend of 7.5c per common share of beneficial interest. The quarterly dividend will be paid on July 10 to shareholders of record as of June 15. The company previously quarterly dividend was 7c per share.

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