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

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

PREIT Declares Quarterly Dividend for Common and Preferred Shares

October 23, 2015 4:49 PM EDT

PHILADELPHIA, Oct. 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 December 15, 2015 to common shareholders of record on December 1, 2015. The December 15th dividend payment will be the Company's 155th 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