Sotherly Hotels Inc. Announces Amended Dividend Tax

From GlobeNewswire: 2025-02-24 14:30:00

Sotherly Hotels Inc. (NASDAQ: SOHO) is amending the income tax classification of its 2024 distributions on Series D preferred shares due to incorrect dates. The tax classification for Series D preferred shares is 100% ordinary income. Shareholders will receive IRS Form 1099-DIV from Equiniti Trust Company. No foreign taxes or qualified dividend income were included in 2024 dividends. The tax information is preliminary and subject to change. Sotherly Hotels Inc. is a lodging REIT focused on upscale to upper-upscale hotels in the Southern U.S., owning 12 hotel properties with 2,786 rooms. For more info, visit www.sotherlyhotels.com.



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