Sotherly Hotels Inc. Announces Dividend Tax Treatment
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Sotherly Hotels Inc. announced the estimated income tax classification for its 2024 distributions on Series B, C, and D preferred shares. This information will be reported on Form 1099-DIV.
February 18, 2025 | 7:45 pm
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Sotherly Hotels Inc. has announced the tax treatment for its 2024 distributions on Series B, C, and D preferred shares, which will be reported on Form 1099-DIV.
The announcement provides clarity on the tax treatment of dividends, which is important for investors holding these preferred shares. However, it does not directly impact the stock price in the short term.
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