Sotherly Hotels Inc. (NASDAQ:SOHON – Get Free Report)’s share price fell 4.9% during trading on Thursday . The company traded as low as $17.30 and last traded at $17.35. 923 shares were traded during mid-day trading, a decline of 21% from the average session volume of 1,162 shares. The stock had previously closed at $18.25.
Sotherly Hotels Trading Down 4.9 %
The firm’s 50 day simple moving average is $17.62 and its two-hundred day simple moving average is $18.22.
Sotherly Hotels Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were given a $0.5156 dividend. This represents a $2.06 annualized dividend and a yield of 11.89%. The ex-dividend date of this dividend was Friday, November 29th.
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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