Hersha Hospitality's Series B Preferred Shares Cross 7.5% Yield Mark
July 30, 2014 at 14:34 PM EDT
In trading on Wednesday, shares of Hersha Hospitality Trust's 8.00% Series B Cumulative Redeemable Preferred Shares (HT. RB) were yielding above the 7.5% mark based on its quarterly dividend (annualized to $2.00), with shares changing hands as low as $26.63 on the day.