Sotherly Hotels Inc. (NASDAQ:SOHOO – Get Free Report) traded up 0.9% during mid-day trading on Tuesday . The stock traded as high as $17.65 and last traded at $17.65. 4,947 shares were traded during mid-day trading, an increase of 66% from the average session volume of 2,987 shares. The stock had previously closed at $17.50.
Sotherly Hotels Stock Performance
The firm has a fifty day simple moving average of $17.34 and a 200-day simple moving average of $17.98.
Sotherly Hotels Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were given a dividend of $0.4922 per share. This represents a $1.97 annualized dividend and a yield of 11.15%. The ex-dividend date of this dividend was Friday, November 29th.
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.
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