Sotherly Hotels Inc. Announces Dividend Tax Treatment
From GlobeNewswire: 2025-02-18 14:30:00
Sotherly Hotels Inc. announced the estimated income tax classification of its 2024 distributions on Series B, C, and D preferred shares. Distributions were 100% taxable dividends on all three series, with no foreign taxes or qualified dividend income. Record holders will receive IRS Form 1099-DIV from Equiniti Trust Company. The information is based on preliminary tax filings and subject to correction. Shareholders are advised to consult with their tax advisors. Sotherly Hotels Inc. is a lodging REIT focused on upscale hotels in the Southern U.S., with a portfolio of twelve hotel properties and interests in two condominium hotels.
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