LuxUrban Hotels Inc. (NASDAQ:LUXHP) Plans $0.27 Monthly Dividend

LuxUrban Hotels Inc. (NASDAQ:LUXHP) declared a monthly dividend on Monday, December 2nd,Wall Street Journal reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.2708 per share on Monday, December 30th. This represents a $3.25 dividend on an annualized basis and a yield of 20.90%. The ex-dividend date of this dividend is Monday, December 16th.

LuxUrban Hotels Price Performance

NASDAQ LUXHP opened at $15.55 on Friday. LuxUrban Hotels has a 1 year low of $11.89 and a 1 year high of $24.80. The firm’s fifty day moving average price is $14.88 and its two-hundred day moving average price is $15.01.

LuxUrban Hotels Company Profile

LuxUrban Hotels Inc engages in the leasing of entire existing hotels on a long-term basis and rent out hotel rooms in the properties it leases. It manages a portfolio of hotel rooms in New York, Miami Beach, New Orleans, and Los Angeles. The company was formerly known as CorpHousing Group Inc and changed its name to LuxUrban Hotels Inc in November 2022.