PREIT (PEI) Declares $0.21 Quarterly Dividend; 8% Yield

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PREIT Declares Quarterly Dividend for Common and Preferred Shares

October 18, 2017 4:35 PM EDT

PHILADELPHIA, Oct. 18, 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 December 15, 2017 to common shareholders of record on December 1, 2017. The December 15th dividend payment will be the Company's 163rd consecutive distribution since its initial dividend paid in August of 1962.

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