Sotherly Hotels Inc. (NASDAQ:SOHOB – Get Free Report) traded down 1.5% during mid-day trading on Friday . The company traded as low as $16.93 and last traded at $16.97. 2,818 shares traded hands during trading, an increase of 20% from the average session volume of 2,352 shares. The stock had previously closed at $17.23.
Sotherly Hotels Stock Down 1.5 %
The company’s 50 day simple moving average is $17.98 and its 200 day simple moving average is $18.30.
Sotherly Hotels Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a $0.50 dividend. The ex-dividend date is Friday, November 29th. This represents a $2.00 annualized dividend and a dividend yield of 11.79%.
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.
Read More
- Five stocks we like better than Sotherly Hotels
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- FinWise Bancorp’s CEO Talks Strategy Behind Fintech Success
- What is the Nikkei 225 index?
- Broadcom: Turning the Mag 7 Into 8 Trillion-Dollar Tech Giants
- Insider Trading – What You Need to Know
- SoundHound AI: Can Its Meteoric Rise Sustain Into 2025?
Receive News & Ratings for Sotherly Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sotherly Hotels and related companies with MarketBeat.com's FREE daily email newsletter.
