Sotherly Hotels Inc. (NASDAQ:SOHOO – Get Free Report)’s stock price fell 5% during mid-day trading on Friday . The stock traded as low as $15.39 and last traded at $16.24. 12,520 shares were traded during trading, an increase of 653% from the average session volume of 1,663 shares. The stock had previously closed at $17.09.
Sotherly Hotels Stock Performance
The company’s 50 day moving average is $17.81 and its 200 day moving average is $18.22.
Sotherly Hotels Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 29th will be given a $0.4922 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.97 dividend on an annualized basis and a dividend yield of 12.13%.
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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