Sotherly Hotels Inc. (NASDAQ:SOHOO – Get Free Report) was down 1% during trading on Tuesday . The company traded as low as $15.50 and last traded at $15.79. Approximately 1,233 shares were traded during trading, an increase of 10% from the average daily volume of 1,116 shares. The stock had previously closed at $15.95.
Sotherly Hotels Trading Down 1.0%
The stock has a 50-day moving average of $16.26 and a 200 day moving average of $16.51.
Sotherly Hotels Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Friday, October 31st will be given a $0.4922 dividend. The ex-dividend date of this dividend is Friday, October 31st. This represents a $1.97 dividend on an annualized basis and a yield of 12.47%.
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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