PREIT (PEI) Declares $0.21 Quarterly Dividend; 5.5% Yield

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Go back to PREIT (PEI) Declares $0.21 Quarterly Dividend; 5.5% Yield

PREIT Declares Quarterly Dividend for Common and Preferred Shares

April 20, 2017 4:30 PM EDT

PHILADELPHIA, April 20, 2017 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share.  The dividend is payable on June 15, 2017 to common shareholders of record on June 1, 2017. The June 15th dividend payment will be the Company's 161st consecutive distribution since its initial dividend paid in August of 1962.

The Company also announced today that its Board of Trustees has declared quarterly cash dividends of $0.515625 per share on its 8.25%... More