SOHO - Sotherly Hotels Inc. Announces Dividend Tax Treatment | Benzinga
WILLIAMSBURG, Va., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ:SOHO) (the "Company") today announced the estimated income tax classification of the Company's 2023 distributions on its Series B preferred shares (CUSIP #83600C301), Series C preferred shares (CUSIP #83600C400), and Series D preferred shares (CUSIP #83600C509). The income tax classification of the 2023 distributions as it is expected to be reported on Form 1099-DIV is set forth in the following table:
| SERIES B PREFERRED SHARES |
| Total |
| Taxable |
| Nontaxable |
| Record |
| Paid |
| Cash Distribution |
| Ordinary |
| Distribution |
| Sec 199A |
| Date |
| Date |
| Per Share |
| Income |
| (Return of Capital) |
| Dividends |
| 02/28/2023 |
| 03/15/2023 |
| 0.500000 |
| 0.500000 |
| 0.000000 |
| 0.500000 |
| 05/31/2023 |
| 06/15/2023 |
| 0.500000 |
| 0.500000 |
| 0.000000 |
| 0.500000 |
| 06/30/2023 |
| 07/14/2023 |
| 0.500000 |
| 0.500000 |
| 0.000000 |
| 0.500000 |
| 08/31/2023 |
| 09/15/2023 |
| 0.500000 |
| 0.500000 |
| 0.000000 |
| 0.500000 |
| 11/30/2023 |
| 12/15/2023 |
| 0.500000 |
| 0.500000 |
| 0.000000 |
| 0.500000 |
| TOTAL |
| 2.500000 |
| 2.500000 |
| 0.000000 |
| 2.500000 |
| Percent |
| 100.0000% |
| 100.0000% |
| 0.0000% |
| 100.0000% |