|
Featured MNV Articles:
| This Stock Has A 3.24% Yield And Sells For Less Than BookBy Preferred Stock Channel Staff, Thursday, July 6, 9:02 AM ET
Hersha Hospitality Trust (NYSE:HT) has been named as a Top 10 Real Estate Investment Trust (REIT), according to Dividend Channel, which published its most recent ''DividendRank'' report. The report noted that among REITs, HT shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong quarterly dividend history at Hersha Hospitality Trust, and favorable long-term multi-year growth rates in key fundamental data points. The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.'' REITs hold a special place in the hearts of dividend investors, because they must distribute at least 90% of their taxable income each year to shareholders as dividends. While this can make for a high dividend yield, it also introduces some volatility and uncertainty into the level of payments from year to year — huge dividend payouts are common when a REIT turns large profits, versus smaller payouts or even periods of no dividends in times of losses. The current annualized dividend paid by Hersha Hospitality Trust is $0.2/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 06/29/2023. Below is a long-term dividend history chart for HT, which the report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
This Article's Word Cloud:
Arial
Below
Channel
Dividend
DividendRank
Estate
Hersha
High
Hospitality
Indeed
Investment
NYSE
REIT
REITs
Ranked
Real
Start
That
Trust
While
Yield
according
afterLeftLabels
also
among
annualized
attractive
both
dividend
dividends
escape
fillColor
from
history
investors
long
metrics
most
paid
payouts
profitability
quarterly
recent
report
strong
term
that
valuation
which
year
|