Hersha Hospitality Trust (HT) Declares $0.50 Quarterly Dividend; 9.2% Yield

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Go back to Hersha Hospitality Trust (HT) Declares $0.50 Quarterly Dividend; 9.2% Yield

Hersha Hospitality Trust Announces Quarterly Dividend

March 17, 2016 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 first quarter ending March 31, 2016. The preferred share dividends are payable April 15, 2016 to holders of record as of April 1, 2016.

The Board of... More