Hersha Hospitality's Series B Preferred Shares Crosses Above 8% Yield Territory
January 14, 2016 at 14:04 PM EST
In trading on Thursday, shares of Hersha Hospitality Trust's 8.00% Series B Cumulative Redeemable Preferred Shares (HT. RB) were yielding above the 8% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $24.93 on the day.