Hersha Hospitality Trust (HT) Declares $0.50 Quarterly Dividend; 30.9% Yield

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Hersha Hospitality Trust Announces Quarterly Dividend

May 21, 2015 4:05 PM EDT

PHILADELPHIA--(BUSINESS WIRE)-- Hersha Hospitality Trust (NYSE: HT) (Hersha or the Company), owner of upscale hotels in urban gateway markets, today announced that its Board of Trustees declared a cash dividend of $0.50 per Series B Preferred Share and $0.4297 per Series C Preferred Share for the second quarter ending June 30, 2015. The preferred share dividends are payable July 15, 2015 to holders of record as of July 1, 2015.

The Board of... More