Sotherly Hotels Inc. (NASDAQ: SOHO) has deferred payment of its dividends for Series B, C, and D preferred stock, originally scheduled for November 20, 2025. The record date of October 31, 2025, has been cancelled, and future preferred stock dividends are suspended. The company is focused on acquiring and renovating upscale hotels in the Southern US, owning 10 hotel properties with 2,786 rooms. Shareholders are urged to review materials related to a proposed transaction on the SEC website or the company’s investor relations page. Forward-looking statements in the communication caution about potential risks and uncertainties in the industry.

Read more at Barchart: Sotherly Hotels Inc. Announces Deferral of Payment of Preferred Dividends