Sotherly Hotels Inc. (NASDAQ:SOHON – Get Free Report)’s stock price fell 0.6% on Thursday . The stock traded as low as $19.01 and last traded at $19.25. 2,394 shares were traded during mid-day trading, a decline of 13% from the average session volume of 2,754 shares. The stock had previously closed at $19.37.
Sotherly Hotels Price Performance
The firm has a 50 day moving average of $19.39 and a two-hundred day moving average of $20.44.
Sotherly Hotels Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were given a $0.5156 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $2.06 annualized dividend and a yield of 10.72%.
About Sotherly Hotels
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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