Cash Dividend On The Way From Sotherly Hotels (SOHO)

Looking at the universe of stocks we cover at Dividend Channel, on 6/12/13, Sotherly Hotels Inc ( SOHO) will trade ex-dividend, for its quarterly dividend of $0.035, payable on 7/11/13. As a percentage of SOHO's recent stock price of $4.23, this dividend works out to approximately 0.83%, so look for shares of Sotherly Hotels Inc to trade 0.83% lower — all else being equal — when SOHO shares open for trading on 6/12/13.

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Below is a dividend history chart for SOHO, showing historical dividends prior to the most recent $0.035 declared by Sotherly Hotels Inc:

SOHO+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SOHO is likely to continue, and whether the current estimated yield of 3.31% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Sotherly Hotels Inc shares are currently up about 0.5% on the day.
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