Hersha Hospitality Trust (HT) Declares $0.28 Quarterly Dividend; 5.9% Yield

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Go back to Hersha Hospitality Trust (HT) Declares $0.28 Quarterly Dividend; 5.9% Yield

Hersha Hospitality Trust Announces Quarterly Dividend

September 22, 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 and $0.40625 per Series D Preferred Share for the third quarter ending September 30, 2016. The preferred share dividend is payable October 17, 2016 to holders of record as of October 1, 2016.

The Board of Trustees also... More