Sotherly Hotels Inc. (NASDAQ:SOHOO – Get Free Report) shot up 0.9% during mid-day trading on Tuesday . The stock traded as high as $17.65 and last traded at $17.65. 4,947 shares were traded during trading, an increase of 66% from the average session volume of 2,987 shares. The stock had previously closed at $17.50.
Sotherly Hotels Price Performance
The stock’s 50-day moving average is $17.34 and its 200 day moving average is $17.98.
Sotherly Hotels Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were paid a $0.4922 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.97 dividend on an annualized basis and a dividend yield of 11.15%.
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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