Hersha Hospitality Trust(HT) is having a Dividend Yield of 5.24% with the Annual cash Dividend per share of $0.84. Hersha Hospitality Trust has a 5 year average dividend yield of 4.5% and the stock has a Indicated annual dividend of $1.12. Hersha Hospitality Trust(HT) formally announced its most recent dividend on December 19, 2016 with a Dividend per share of $0.48. The new indicated annual dividend based on announced dividend per share is $1.12. The dividend yield based on the forward looking indicated annual dividend is 5.24%. Hersha Hospitality Trust(HT) has the most recent dividend payout ratio of 0.44 with a 5-year average payout ratio of 0.53. The 5 year historical dividend growth of Hersha Hospitality Trust(HT) is at the rate of 1.73% while the R-Squared dividend growth is 0.01. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Hersha Hospitality Trust (NYSE:HT) witnessed a decline in the market cap on Thursday as its shares dropped 1.73% or 0.37 points. After the session commenced at $21.3, the stock reached the higher end at $21.4798 while it hit a low of $20.95. With the volume soaring to 504,379 shares, the last trade was called at $21. The company has a 52-week high of $22.15. The company has a market cap of $879 million and there are 41,840,047 shares in outstanding. The 52-week low of the share price is $15.36. Hersha Hospitality Trust has dropped 2.14% in the last five trading days, however, the shares have posted positive gains of 1.5% in the last 4 weeks. Hersha Hospitality Trust is up 10.83% in the last 3-month period. Year-to-Date the stock performance stands at -0.1%.
Currently the company Insiders own 7.1% of Hersha Hospitality Trust shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -15.08% . During last six month period, the net percent change held by insiders has seen a change of 1.25%. Company has reported several Insider transactions to the SEC, on Jan 3, 2017, Thomas J Iii Hutchison (director) sold 8,000 shares at 21.33 per share price.On Nov 7, 2016, Neil H Shah (COO) purchased 1,471 shares at 17.00 per share price.On Nov 7, 2016, Jay H Shah (CEO) purchased 1,471 shares at 17.00 per share price.
Hersha Hospitality Trust Last issued its quarterly earnings results on Oct 25, 2016. The company reported $0.72 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.69. The company had revenue of $120.60 million for the quarter, compared to analysts expectations of $116.17 million. The companys revenue was down -3.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.67 EPS.
Hersha Hospitality Trust is an entrepreneurial, high-growth real estate development and management company focussed on the hospitality industry. Hersha currently owns, operates, and develops a portfolio of hotels and assisted living facilities in the mid-Atlantic region of the United States. (PRESS RELEASE)