LuxUrban Hotels Inc. Plans Dividend of $0.27 (NASDAQ:LUXHP)

LuxUrban Hotels Inc. (NASDAQ:LUXHP) announced a dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Thursday, August 15th will be given a dividend of 0.2708 per share on Friday, August 30th. The ex-dividend date is Thursday, August 15th.

LuxUrban Hotels Trading Down 0.2 %

Shares of NASDAQ LUXHP traded down $0.03 during trading hours on Friday, hitting $12.82. The company had a trading volume of 4,175 shares, compared to its average volume of 3,246. LuxUrban Hotels has a 1-year low of $11.90 and a 1-year high of $25.25. The firm’s 50 day moving average is $14.98 and its 200-day moving average is $19.18.

About LuxUrban Hotels

LuxUrban Hotels Inc utilizes an asset light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the properties it leases. It manages a portfolio of hotel rooms in New York, Washington DC, Miami Beach, New Orleans, and Los Angeles. The company was formerly known as CorpHousing Group Inc and changed its name to LuxUrban Hotels Inc in November 2022.