Sotherly Hotels Inc. (NASDAQ:SOHON – Get Free Report) was down 1% during trading on Thursday . The stock traded as low as $16.83 and last traded at $16.68. Approximately 2,108 shares changed hands during mid-day trading, an increase of 118% from the average daily volume of 968 shares. The stock had previously closed at $16.84.
Sotherly Hotels Stock Down 1.5 %
The firm has a fifty day moving average price of $17.41 and a 200 day moving average price of $17.87.
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 issued a dividend of $0.5156 per share. This represents a $2.06 annualized dividend and a yield of 12.37%. 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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