HT-D Hersha Hospitality 6.50% Series D Cumulative Preferred

We will pay quarterly cumulative dividends, in arrears, on the Series D Preferred Shares from, and including, the date of original issue, payable on or about January 15th, April 15th, July 15th and October 15th of each year, when and as declared, beginning on July 15, 2016, at a yearly rate of 6.50% of the $25.00 liquidation preference, or $1.625 per Series D Preferred Share per year. The first dividend payment will be for less than a full quarter and will cover the period from, and including, May 31, 2016 to, but excluding, July 15, 2016. On and after, May 31, 2021, we may, at our option, redeem the Series D Preferred Shares, in whole or in part, by paying $25.00 per share, plus all accrued and unpaid dividends to, but excluding, the redemption date.  This security was issued by Hersha Hospitality Trust, whose common stock symbol is HT.

$20.36  +0.34 (1.70%)
As of 07/01/2022 16:00:01 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Real Estate
Industry:  REIT—Hotel & Motel
Index country:  USA
Country of incorporation:  USA
IPO date:  06/02/2016
Outstanding shares:  7,700,000
Average volume:  16,990
Market cap:   $154,154,000
Current dividend yield:  8.12%    calculation
Coupon rate:    6.500%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   05/31/2021
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BDB4XB3

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