{"id":8361,"date":"2023-10-15T16:45:20","date_gmt":"2023-10-15T21:45:20","guid":{"rendered":"https:\/\/1reason.com\/re\/hersha-hospitality-trust-announces-quarterly-dividend\/8361\/"},"modified":"2023-10-16T11:45:20","modified_gmt":"2023-10-16T16:45:20","slug":"hersha-hospitality-trust-announces-quarterly-dividend","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/hersha-hospitality-trust-announces-quarterly-dividend\/8361\/","title":{"rendered":"Hersha Hospitality Trust Announces Quarterly Dividend"},"content":{"rendered":"
These common share dividends and limited partnership unit distributions are payable October 16, 2023 to holders of record as of September 29, 2023. <\/p>\n

The Board of Trustees also declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the third quarter ending September 30, 2023. The preferred share dividends are payable October 16, 2023 to holders of record as of October 1, 2023.<\/p>\n

Hersha Hospitality Trust (HT)<\/strong> is aself-advisedreal estate investment trust in the hospitality sector, which owns and operates luxury and lifestyle hotels in coastal gateway and resort markets. The Company\u2019s 25 hotels totaling 3,811 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida, and California.The Company’s common shares are traded on The New York Stock Exchange under the ticker \u201cHT.\u201d For more information on the Company, and the Company\u2019s hotel portfolio, please visit the Company’s website atwww.hersha.com<\/a>.<\/p>\n

Forward-Looking Statement
<\/strong>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and, as such, may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those reflected in the forward-looking statement. Forward-looking statements are generally identifiable by use of forward-looking terminology such as \u201cbelieve,\u201d \u201ccould,\u201d \u201coutlook,\u201d \u201cconsider,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cforecast,\u201d \u201cproject,\u201d \u201clikely,\u201d \u201cestimate,\u201d \u201cplan,\u201d \u201ccontinue,\u201d \u201cintend,\u201d \u201cshould,\u201d \u201cmay\u201d and words of similar import. Because these forward-looking statements relate to future events, the Company\u2019s plans, strategies, prospects and future financial performance, and involve known and unknown risks that are difficult to predict and may be outside the Company\u2019s control, they are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement. Therefore, you should not rely on any of these forward-looking statements. For a description of factors that may cause the Company\u2019s actual results or performance to differ from its forward-looking statements, please review the information under the heading \u201cRisk Factors\u201d included in the Company\u2019s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed by the Company with the Securities and Exchange Commission (\u201cSEC\u201d) and other documents filed by the Company with the SEC from time to time. All information provided in this press release, unless otherwise stated, is as of September 13, 2023, and the Company undertakes no duty to update this information unless required by law.<\/p>\n\n\n\n\n
Contact:<\/td>\nAshish Parikh, Chief Financial Officer<\/td>\n<\/tr>\n
\nAndrew Tamaccio, Director of Finance & Investor Relations<\/td>\n<\/tr>\n
\nPhone: (215) 238-1281<\/td>\n<\/tr>\n<\/table>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

\n

PHILADELPHIA, Sept. 13, 2023 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (\u201cHersha\u201d or the \u201cCompany\u201d), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced its Board of Trustees has approved a cash dividend of $0.05 per common share and per limited partnership unit for the third quarter ending September 30, 2023.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/8361"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=8361"}],"version-history":[{"count":3,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/8361\/revisions"}],"predecessor-version":[{"id":9744,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/8361\/revisions\/9744"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=8361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=8361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=8361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}