UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: gracepeace Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77240  
Subject: HT-A Redemption Date: 2/27/2013 7:59 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 4
Although CWH was one of my poorer choices, as I stated in the previous email, one of my better choices was HT-A preferred. I bought it back in the doom and gloom of the credit crisis in October 2008 for $6.03 per share. Hersha has consistently paid me an uninterrupted 8% coupon for the past 5 years (actual 33% dividend yield if I've done the math correctly) and now they will redeem the shares at $25 on March 28th. They are issuing new preferred shares at a 6 7/8% yield. If the shares show up on the pink sheets I'll post to the board. Everyone has their winners and losers. HT-A was a big winner for me and I'm sorry to see it go.

regards,
Gracepeace
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Related Boards
Real Estate Investing
This is a great board for Real Estate other than REITs.

Buying & Selling a Home
Get your personal advice about mortgages, agents, etc. here.
Post of the Day:
Value Hounds

Kate Spade's Wild Ride
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement