LuxUrban Hotels Inc. (NASDAQ:LUXHP) Announces Monthly Dividend of $0.27

LuxUrban Hotels Inc. (NASDAQ:LUXHP) announced a monthly dividend on Tuesday, November 5th, Wall Street Journal reports. Investors of record on Friday, November 15th will be given a dividend of 0.2708 per share on Friday, November 29th. This represents a $3.25 annualized dividend and a dividend yield of 21.45%. The ex-dividend date is Friday, November 15th.

LuxUrban Hotels Trading Down 0.4 %

LuxUrban Hotels stock traded down $0.06 during trading hours on Tuesday, hitting $15.15. The stock had a trading volume of 617 shares, compared to its average volume of 3,359. The company has a 50-day moving average of $15.24 and a two-hundred day moving average of $15.91. LuxUrban Hotels has a fifty-two week low of $11.89 and a fifty-two week high of $24.80.

LuxUrban Hotels Company Profile

LuxUrban Hotels Inc engages in the leasing of entire existing hotels on a long-term basis and rent out hotel rooms in the properties it leases. It manages a portfolio of hotel rooms in New York, Miami Beach, New Orleans, and Los Angeles. The company was formerly known as CorpHousing Group Inc and changed its name to LuxUrban Hotels Inc in November 2022.