Sotherly Hotels Inc. (NASDAQ:SOHOB – Get Free Report)’s share price was down 0.2% during trading on Thursday . The stock traded as low as $11.50 and last traded at $11.51. Approximately 1,976 shares changed hands during trading, a decline of 24% from the average daily volume of 2,593 shares. The stock had previously closed at $11.53.
Sotherly Hotels Trading Down 0.2%
The company has a 50-day moving average of $12.88 and a 200 day moving average of $15.15.
Sotherly Hotels Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Friday, October 31st will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 17.4%. The ex-dividend date is Friday, October 31st.
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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