Sotherly Hotels Inc. (NASDAQ:SOHON – Get Free Report) shot up 1.6% during trading on Wednesday . The company traded as high as $17.67 and last traded at $17.64. 808 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 917 shares. The stock had previously closed at $17.36.
Sotherly Hotels Stock Up 1.6 %
The stock has a fifty day moving average of $17.60 and a 200 day moving average of $18.07.
Sotherly Hotels Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $0.5156 per share. The ex-dividend date is Friday, February 28th. This represents a $2.06 annualized dividend and a yield of 11.69%.
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.
See Also
- Five stocks we like better than Sotherly Hotels
- What is Short Interest? How to Use It
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- 3 Tickers Leading a Meme Stock Revival
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- Using the MarketBeat Stock Split Calculator
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Receive News & Ratings for Sotherly Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sotherly Hotels and related companies with MarketBeat.com's FREE daily email newsletter.
