Pennsylvania Real Estate Ups Dividend 11% - Quick Facts

(RTTNews) - Pennsylvania Real Estate Investment Trust or PREIT's (PEI) Board of Trustees has declared a quarterly cash dividend of $0.20 per share, an increase of 11% over the prior dividend paid. The dividend is payable on December 16, 2013 to common shareholders of record on December 2.

Further, the 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 December 16, 2013 to holders of record on December 2.