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Provider: Thomson Reuters Stock Report
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Provider: New Constructs, LLC
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Provider: MacroRisk Analytics/EconomicInvestor
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Pennsylvania Real Estate Investment Trust Increases Quarterly Dividend 12.5% For Common Shares And Declares Dividends For Preferred Shares


Thursday, 21 Feb 2013 04:05pm EST 

Pennsylvania Real Estate Investment Trust announced that its Board of Trustees has declared a quarterly cash dividend of $0.18 per common share, which represents a 12.5% increase over the prior dividend amount. The dividend is payable on March 15, 2013 to common shareholders of record on March 4, 2013. The March 15th dividend payment will be the Company's 144th consecutive distribution since its initial dividend paid in August of 1962. The Company also announced that its Board of Trustees has declared quarterly cash dividends of $0.515625 per share on its 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares and $0.460938 per share on its 7.375% Series B Cumulative Redeemable Perpetual Preferred Shares. These dividends are payable on March 15, 2013 to holders of record on March 4, 2013. 

Company Quote

19.88
-0.06 -0.30%
4:01pm EDT