Shares of Sotherly Hotels Inc. (NASDAQ:SOHON – Get Free Report) traded up 4.5% during trading on Wednesday . The stock traded as high as $18.40 and last traded at $18.40. 5,787 shares changed hands during trading, an increase of 110% from the average session volume of 2,758 shares. The stock had previously closed at $17.60.
Sotherly Hotels Trading Up 4.5 %
The firm has a fifty day simple moving average of $17.87 and a 200 day simple moving average of $18.37.
Sotherly Hotels Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were given a $0.5156 dividend. This represents a $2.06 annualized dividend and a dividend yield of 11.21%. 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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