Hersha Hospitality Trust's Series D Preferred Shares Crosses Above 10.5% Yield Territory
March 30, 2020 at 15:22 PM EDT
In trading on Monday, shares of Hersha Hospitality Trust's 6.50% Series D Cumulative Redeemable Preferred Shares (HT. RD) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $5.40 on the day.
