Sotherly Hotels Inc. (NASDAQ:SOHOO – Get Free Report)’s stock price was down 1.7% during mid-day trading on Wednesday . The stock traded as low as $16.50 and last traded at $17.00. Approximately 2,177 shares changed hands during trading, an increase of 82% from the average daily volume of 1,195 shares. The stock had previously closed at $17.30.
Sotherly Hotels Stock Performance
The firm has a 50 day moving average price of $17.03 and a 200-day moving average price of $17.71.
Sotherly Hotels Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.4922 per share. This represents a $1.97 dividend on an annualized basis and a yield of 11.58%. The ex-dividend date of this dividend is Friday, February 28th.
Sotherly Hotels Company Profile
Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.
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