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Sotherly Hotels (SOHO) will raise its quarterly dividend by 4.8 percent to $0.11 per share in the fourth quarter of 2017.

The quarterly dividend will be paid on October 11, 2017 to shareholders of record as of September 15, 2017.

Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale and upper-upscale full-service hotels in the Southern United States. Most of the Company's properties operate under the Hilton Worldwide, InterContinental Hotels Group and Starwood Hotels and Resorts brands.