Sotherly Hotels Inc. (NASDAQ:SOHOO – Get Free Report)’s stock price was up 0.5% on Friday . The company traded as high as $16.45 and last traded at $16.58. Approximately 2,713 shares were traded during mid-day trading, an increase of 77% from the average daily volume of 1,533 shares. The stock had previously closed at $16.50.
Sotherly Hotels Price Performance
The business’s 50-day moving average price is $16.86 and its two-hundred day moving average price is $17.34.
Sotherly Hotels Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a dividend of $0.4922 per share. This represents a $1.97 dividend on an annualized basis and a dividend yield of 11.88%. The ex-dividend date was Friday, February 28th.
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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