Sotherly Hotels Inc. (NASDAQ:SOHOO – Get Free Report)’s stock price was up 0.5% during mid-day trading on Friday . The stock traded as high as $16.45 and last traded at $16.58. Approximately 2,713 shares traded hands during trading, an increase of 77% from the average daily volume of 1,533 shares. The stock had previously closed at $16.50.
Sotherly Hotels Stock Performance
The firm has a 50 day moving average of $16.86 and a 200-day moving average of $17.35.
Sotherly Hotels Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.4922 per share. This represents a $1.97 annualized dividend and a dividend yield of 11.88%. The ex-dividend date was 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.
Featured Stories
- Five stocks we like better than Sotherly Hotels
- Energy and Oil Stocks Explained
- Archer Aviation’s Africa Deal Could Boost ACHR Stock
- Best Stocks Under $10.00
- Are Short Sellers Wrong About These 3 Semiconductor Stocks?
- How to Use Stock Screeners to Find Stocks
- Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?
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.
