Hersha Hospitality Trust (HT) Declares $0.50 Quarterly Dividend; 8.8% Yield

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Hersha Hospitality Trust Announces Quarterly Dividend

December 17, 2015 4:05 PM EST

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 fourth quarter ending December 31, 2015. The preferred share dividends are payable January 15, 2016 to holders of record as of January 1, 2016.

The Board of... More