Hersha Hospitality Trust (HT) Declares $0.28 Quarterly Dividend; 5.3% Yield

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Hersha Hospitality Trust Announces Quarterly Dividends

December 19, 2016 8:00 AM EST

- Company to Pay Additional Special Dividend of $0.20 Per Common Share and Limited Partnership Unit -

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 fourth quarter ending December 31, 2016, and $0.30694 per Series E Preferred Share prorated for the partial fourth quarter ending December 31, 2016. The preferred share dividends are payable January 17, 2017 to holders of record as of January 1, 2017.... More