Sotherly Hotels Inc. Announces Deferral of Preferred Dividends

On October 27, 2025, Sotherly Hotels Inc. announced the deferral of payment for its previously declared dividends on its Series B, Series C, and Series D Cumulative Redeemable Perpetual Preferred Stock. The dividends, which were scheduled to be paid on November 20, 2025, to shareholders of record as of October 31, 2025, have been deferred, and the record date has been cancelled. Additionally, the company is suspending future preferred stock dividends. This decision reflects the company's current financial strategy and may impact investor confidence. The announcement was made through a press release attached to the Form 8-K filing.