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Sotherly Hotels, 8.00% Series B Cumulative Redeemable Perpetual Preferred Stock

Dividend suspended 3/2020 because of the drop in business caused by Covid 19.

Dividends reinstated 1/24/2023

Ticker: SOHOB

Parent Ticker: SOHO

OTC Grey Market Temporary Ticker: NA

Issuance Date: 08/16/2016

1st Call Date: 08/23/2021

Maturity Date: None

Shares Issued: 1,610,000

Overallotment Shares: 241,500

Coupon: 8.00%

Face Value: $25.00

Cumulative: Yes

Qualified: No

Quarterly Dividend Amount: 0.500

Payment Months: JAN, APR, JUL, OCT

Payment Day: 15

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): D

Moody Rating: NR

Fitch Rating: NR