Sotherly Hotels Inc. (NASDAQ:SOHOO – Get Free Report) shares fell 0.4% during trading on Wednesday . The company traded as low as $18.32 and last traded at $18.33. 1,551 shares were traded during mid-day trading, a decline of 17% from the average session volume of 1,865 shares. The stock had previously closed at $18.40.
Sotherly Hotels Stock Performance
The firm’s 50 day moving average price is $18.43 and its two-hundred day moving average price is $18.85.
Sotherly Hotels Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be given a dividend of $0.4922 per share. This represents a $1.97 dividend on an annualized basis and a yield of 10.65%. The ex-dividend date is Friday, August 30th.
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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