PREIT (PEI) Declares $0.21 Quarterly Dividend; 3.8% Yield

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PREIT Declares Quarterly Dividend for Common and Preferred Shares

July 23, 2015 4:30 PM EDT

PHILADELPHIA, July 23, 2015 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share.  The dividend is payable on September 15, 2015 to common shareholders of record on September 1, 2015. The September 15th dividend payment will be the Company's 154th  consecutive distribution since its initial dividend paid in August of 1962.

The Company also announced today that its Board of Trustees has declared quarterly cash dividends of $0.515625 per share on its 8.25% Series A... More