Hersha Hospitality Trust (HT) Declares $0.28 Quarterly Dividend; 6.4% Yield

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Hersha Hospitality Trust Announces Quarterly Dividend

May 27, 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 $0.4297 per Series C Preferred Share for the second quarter ending June 30, 2016. The preferred share dividend is payable July 15, 2016 to holders of record as of July 1, 2016.

The Board of Trustees also declared quarterly cash... More