Sotherly Hotels Inc. (SOHOO) To Go Ex-Dividend on February 28th

Sotherly Hotels Inc. (NASDAQ:SOHOO) declared a quarterly dividend on Monday, January 27th,Wall Street Journal reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.4922 per share on Friday, March 14th. This represents a $1.97 dividend on an annualized basis and a dividend yield of 11.58%. The ex-dividend date is Friday, February 28th.

Sotherly Hotels Price Performance

Sotherly Hotels stock traded down $0.13 during trading on Wednesday, reaching $17.00. The company had a trading volume of 629 shares, compared to its average volume of 1,633. The stock’s 50 day moving average price is $17.13 and its two-hundred day moving average price is $17.85. Sotherly Hotels has a 12-month low of $15.15 and a 12-month high of $20.98.

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.