Sotherly Hotels Inc. (NASDAQ:SOHOO – Get Free Report)’s share price fell 0.8% during mid-day trading on Wednesday . The company traded as low as $17.65 and last traded at $17.65. 671 shares were traded during trading, a decline of 59% from the average session volume of 1,644 shares. The stock had previously closed at $17.80.
Sotherly Hotels Trading Down 0.8 %
The company’s 50-day simple moving average is $18.12 and its 200-day simple moving average is $18.47.
Sotherly Hotels Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be issued a dividend of $0.4922 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.97 annualized dividend and a yield of 11.15%.
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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