Sotherly Hotels Inc. ( SOHO ) will begin trading ex-dividend on March 14, 2018. A cash dividend payment of $0.115 per share is scheduled to be paid on April 11, 2018. Shareholders who purchased SOHO prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 4.55% increase over prior dividend payment.
The previous trading day’s last sale of SOHO was $6.25, representing a -10.71% decrease from the 52 week high of $7 and a 12.21% increase over the 52 week low of $5.57.
SOHO is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) ( AMT ) and Simon Property Group, Inc. ( SPG ). SOHO’s current earnings per share, an indicator of a company’s profitability, is -$.25. Zacks Investment Research reports SOHO’s forecasted earnings growth in 2018 as 4.5%, compared to an industry average of 1.7%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.