New York, NY -- (ReleaseWire) -- 04/04/2013 --Hersha Hospitality Trust‘s (NYSE:HT) 8.00% Series B Cumulative Redeemable Preferred Shares (HT.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 4/15/13.
As a percentage of HT.PRB’s recent share price of $26.54, this dividend works out to approximately 1.88%, so look for shares of HT.PRB to trade 1.88% lower, all else being equal, when HT.PRB shares open for trading on 3/27/13.
On an annualized basis, the current yield is approximately 7.54%, which compares to an average yield of 6.49% in the “Real Estate” preferred stock category, according to Preferred Stock Channel.
Hersha Hospitality Trust, a real estate investment trust, engages in the ownership and operation of mid-scale limited service hotels in the Eastern United States.
Get the daily reports on HT here:
Corning Incorporated (NYSE:GLW) traded at $ 13.34 in the last session, which is +0.01 (0.08%). The stock has a Range of 13.28 - 13.44. The stock has a 52 week low and high of 10.62 - 14.58 respectively. The stock has a Market Cap of 19.64B. The stock traded a volume of 14.96M. The stock has a 30 day average volume of 12.04M.
Corning Incorporated (Corning) is a global, technology-based corporation. The Company operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials and Life Sciences.
In March 2011, the Company acquired all outstanding shares from the shareholders of MobileAccess. In December 2011, it acquired Mediatech, Inc. In November 2012, Corning acquired the majority of the Discovery Labware business from Becton, Dickinson and Company.
Get the trend analysis reports on GLW here:
WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains.
WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetScoop.net
WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
For full disclaimer visit: http://www.wallstreetscoop.net/disclaimer/
Wall Street Scoop