Sotherly Hotels Inc. (SOHON) To Go Ex-Dividend on August 30th

Sotherly Hotels Inc. (NASDAQ:SOHON) announced a quarterly dividend on Monday, July 29th, Wall Street Journal reports. Stockholders of record on Friday, August 30th will be paid a dividend of 0.5156 per share on Monday, September 16th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 10.92%. The ex-dividend date of this dividend is Friday, August 30th.

Sotherly Hotels Trading Up 0.7 %

Shares of Sotherly Hotels stock opened at $18.89 on Wednesday. The company has a 50-day simple moving average of $18.79 and a two-hundred day simple moving average of $19.26. Sotherly Hotels has a twelve month low of $18.47 and a twelve month high of $24.95.

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.