LuxUrban Hotels Inc. (LUXHP) To Go Ex-Dividend on December 16th

LuxUrban Hotels Inc. (NASDAQ:LUXHP) declared a monthly dividend on Monday, December 2nd,Wall Street Journal reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.2708 per share on Monday, December 30th. This represents a $3.25 annualized dividend and a yield of 20.90%. The ex-dividend date is Monday, December 16th.

LuxUrban Hotels Price Performance

Shares of LUXHP remained flat at $15.55 during midday trading on Friday. The company’s stock had a trading volume of 145 shares, compared to its average volume of 3,654. The business has a fifty day simple moving average of $14.88 and a 200 day simple moving average of $15.01. LuxUrban Hotels has a twelve month low of $11.89 and a twelve month high of $24.80.

About LuxUrban Hotels

LuxUrban Hotels Inc engages in the leasing of entire existing 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, 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.