Hersha Hospitality Trust's Series C Preferred Shares Cross 7% Yield Mark
November 15, 2016 at 14:07 PM EST
In trading on Tuesday, shares of Hersha Hospitality Trust's 6.875% Series C Cumulative Redeemable Preferred Shares (HT. RC) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7188), with shares changing hands as low as $24.54 on the day.