Sotherly Hotels Inc. (NASDAQ:SOHOB – Get Free Report)’s share price shot up 0.2% during trading on Monday . The company traded as high as $17.30 and last traded at $17.08. 998 shares were traded during mid-day trading, an increase of 36% from the average session volume of 733 shares. The stock had previously closed at $17.05.
Sotherly Hotels Price Performance
The business’s fifty day moving average price is $17.49 and its 200 day moving average price is $18.03.
Sotherly Hotels Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were issued a $0.50 dividend. The ex-dividend date was Friday, November 29th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 11.71%.
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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