Sotherly Hotels Inc. (NASDAQ:SOHOO – Get Free Report) shares dropped 0.8% on Wednesday . The stock traded as low as $17.65 and last traded at $17.65. Approximately 671 shares changed hands during trading, a decline of 59% from the average daily volume of 1,644 shares. The stock had previously closed at $17.80.
Sotherly Hotels Price Performance
The business has a 50 day moving average price of $18.11 and a 200-day moving average price of $18.47.
Sotherly Hotels Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.4922 per share. This represents a $1.97 dividend on an annualized basis and a dividend yield of 11.15%. The ex-dividend date of this dividend is Friday, November 29th.
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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