Quantcast

Reminder: Hersha Hospitality Trust's 6.50% Series D Cumulative Redeemable Preferred Shares Goes Ex-Dividend Soon


Shutterstock photo

On 9/28/17, Hersha Hospitality Trust's 6.50% Series D Cumulative Redeemable Preferred Shares (Symbol: HT.PRD) will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 10/16/17. As a percentage of HT.PRD's recent share price of $25.59, this dividend works out to approximately 1.59%, so look for shares of HT.PRD to trade 1.59% lower - all else being equal - when HT.PRD shares open for trading on 9/28/17. On an annualized basis, the current yield is approximately 6.33%, which compares to an average yield of 6.49% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of HT.PRD shares, versus HT:

Performance Comparison Chart

Below is a dividend history chart for HT.PRD, showing historical dividends prior to the most recent $0.4062 on Hersha Hospitality Trust's 6.50% Series D Cumulative Redeemable Preferred Shares:

HT.PRD+Dividend+History+Chart

In Tuesday trading, Hersha Hospitality Trust's 6.50% Series D Cumulative Redeemable Preferred Shares (Symbol: HT.PRD) is currently down about 0.3% on the day, while the common shares (Symbol: HT) are trading flat.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing
Referenced Symbols: HT.PRD , HT



More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing










Research Brokers before you trade

Want to trade FX?