PREIT (PEI) Declares $0.21 Quarterly Dividend; 9.4% Yield

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PREIT Declares Quarterly Dividend for Common and Preferred Shares

April 23, 2018 6:55 AM EDT

PHILADELPHIA, April 23, 2018 /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, 2018 to common shareholders of record on June 1, 2018. The June 15th dividend payment will be the Company's 165th consecutive distribution since its initial dividend paid in August of 1962.

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