On 9/29/15, Hersha Hospitality Trust's 8.00% Series B Cumulative Redeemable Preferred Shares (Symbol: HT.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 10/15/15. As a percentage of HT.PRB's recent share price of $25.92, this dividend works out to approximately 1.93%, so look for shares of HT.PRB to trade 1.93% lower - all else being equal - when HT.PRB shares open for trading on 9/29/15. On an annualized basis, the current yield is approximately 7.72%, which compares to an average yield of 8.63% in the "REITs" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of HT.PRB shares, versus HT:
Below is a dividend history chart for HT.PRB, showing historical dividends prior to the most recent $0.50 on Hersha Hospitality Trust's 8.00% Series B Cumulative Redeemable Preferred Shares:
According to the ETF Finder at ETF Channel, Hersha Hospitality Trust (Symbol: HT) makes up 1.23% of the First Trust Dow Jones Select MicroCap Index Fund ETF ( FDM ) which is trading lower by about 1.1% on the day Monday.
In Monday trading, Hersha Hospitality Trust's 8.00% Series B Cumulative Redeemable Preferred Shares (Symbol: HT.PRB) is currently trading flat on the day, while the common shares (Symbol: HT) are down about 2.7%.