Sotherly Hotels Inc. (SOHOO) To Go Ex-Dividend on November 29th

Sotherly Hotels Inc. (NASDAQ:SOHOO) declared a quarterly dividend on Monday, October 28th, Wall Street Journal reports. Investors of record on Friday, November 29th will be paid a dividend of 0.4922 per share on Monday, December 16th. This represents a $1.97 dividend on an annualized basis and a yield of 10.88%. The ex-dividend date of this dividend is Friday, November 29th.

Sotherly Hotels Trading Down 1.6 %

SOHOO stock traded down $0.30 during trading on Wednesday, reaching $18.10. 1,181 shares of the company’s stock were exchanged, compared to its average volume of 1,683. Sotherly Hotels has a 1-year low of $17.15 and a 1-year high of $23.45. The company’s fifty day moving average price is $18.24 and its 200-day moving average price is $18.57.

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.