Sotherly Hotels Inc. (NASDAQ:SOHON – Get Free Report)’s share price was up 4.5% during trading on Wednesday . The company traded as high as $18.40 and last traded at $18.40. Approximately 5,787 shares changed hands during trading, an increase of 110% from the average daily volume of 2,758 shares. The stock had previously closed at $17.60.
Sotherly Hotels Stock Down 2.2 %
The business has a fifty day moving average of $17.85 and a 200 day moving average of $18.37.
Sotherly Hotels Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were issued a $0.5156 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.06 annualized dividend and a yield of 11.46%.
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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