Hersha Hospitality Trust ( HT ) will begin trading ex-dividend on September 28, 2015. A cash dividend payment of $0.28 per share is scheduled to be paid on October 15, 2015. Shareholders who purchased HT prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 300% increase over the prior quarter. At the current stock price of $23.01, the dividend yield is 4.87%.
The previous trading day's last sale of HT was $23.01, representing a -23.2% decrease from the 52 week high of $29.96 and a 0.35% increase over the 52 week low of $22.93.
HT is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). HT's current earnings per share, an indicator of a company's profitability, is $.32. Zacks Investment Research reports HT's forecasted earnings growth in 2015 as 11.22%, compared to an industry average of 7.7%.