Sotherly Hotels (NASDAQ:SOHON) Trading Down 4.9% – Should You Sell?

Sotherly Hotels Inc. (NASDAQ:SOHONGet Free Report)’s share price was down 4.9% during trading on Thursday . The stock traded as low as $17.30 and last traded at $17.35. Approximately 923 shares traded hands during trading, a decline of 21% from the average daily volume of 1,162 shares. The stock had previously closed at $18.25.

Sotherly Hotels Stock Performance

The company’s fifty day moving average price is $17.62 and its two-hundred day moving average price is $18.22.

Sotherly Hotels Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were paid a dividend of $0.5156 per share. This represents a $2.06 annualized dividend and a yield of 11.89%. The ex-dividend date of this dividend was Friday, November 29th.

Sotherly Hotels Company Profile

(Get Free Report)

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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