Hersha Hospitality (HT) Posts Q2 AFFO of $0.13, In-Line with Views; Declares $0.05 Quarterly Dividend

Hersha Hospitality Trust (NYSE: HT) reports Q2 AFFO of $0.13, even with the analyst estimate of $0.13. Revenue for the quarter was $75.93 million, which compares to the estimate of $67.63 million. For the second quarter of 2010, Hersha Hospitality Trust paid dividends of $0.05 per common share and limited partnership unit. The Company also paid a second quarter cash dividend of $0.50 per Series A Preferred Share.... Read more

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Source: Yahoo Finance. Stock prices and dividends can be delayed, cached or incomplete.
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