PREIT (PEI) Declares $0.21 Quarterly Dividend; 9.3% Yield

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PREIT Declares Quarterly Dividend for Common and Preferred Shares

October 23, 2018 4:30 PM EDT

PHILADELPHIA, Oct. 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 December 17, 2018 to common shareholders of record on December 3, 2018. The December 17th dividend payment will be the Company's 167th consecutive distribution since its initial dividend paid in August of 1962.

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