Sotherly Hotels Inc. (NASDAQ:SOHOB – Get Free Report)’s stock price traded down 0.8% during mid-day trading on Wednesday . The stock traded as low as $17.85 and last traded at $17.85. 156 shares traded hands during trading, a decline of 93% from the average session volume of 2,358 shares. The stock had previously closed at $18.00.
Sotherly Hotels Price Performance
The stock’s 50-day moving average price is $18.25 and its 200-day moving average price is $18.56.
Sotherly Hotels Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be paid a $0.50 dividend. The ex-dividend date is Friday, November 29th. This represents a $2.00 annualized dividend and a dividend yield of 11.32%.
About Sotherly Hotels
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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