Sotherly Hotels Inc. (NASDAQ:SOHON – Get Free Report)’s stock price fell 1% during trading on Thursday . The company traded as low as $16.83 and last traded at $16.68. 2,108 shares changed hands during trading, an increase of 118% from the average session volume of 968 shares. The stock had previously closed at $16.84.
Sotherly Hotels Price Performance
The business’s 50-day moving average is $17.43 and its two-hundred day moving average is $17.89.
Sotherly Hotels Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.5156 per share. This represents a $2.06 annualized dividend and a dividend yield of 12.37%. The ex-dividend date is Friday, February 28th.
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.
Further Reading
- Five stocks we like better than Sotherly Hotels
- How to Invest in Blue Chip Stocks
- 3 Undervalued Stocks You Can Buy at a Discount Now
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- AMD Stock: Can the PC Refresh Cycle Spark a Rally?
- 10 Best Airline Stocks to Buy
- Micron Stock Spikes 7%—3 Key Catalysts Behind the Move
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.
