LuxUrban Hotels Inc. (LUXHP) To Go Ex-Dividend on November 15th

LuxUrban Hotels Inc. (NASDAQ:LUXHP) announced a monthly dividend on Friday, November 1st,Wall Street Journal reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.2708 per share on Friday, November 29th. This represents a $3.25 dividend on an annualized basis and a dividend yield of 19.96%. The ex-dividend date of this dividend is Friday, November 15th.

LuxUrban Hotels Price Performance

Shares of NASDAQ:LUXHP traded down $0.28 on Wednesday, reaching $16.28. The company had a trading volume of 3,716 shares, compared to its average volume of 3,465. LuxUrban Hotels has a twelve month low of $11.89 and a twelve month high of $24.80. The stock has a 50-day moving average price of $15.33 and a 200 day moving average price of $15.76.

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.