ASHFORD HOSPITALITY TRUST, INC. (NYSE:AHT) Files An 8-K Regulation FD DisclosureITEM 7.01 REGULATION FD DISCLOSURE.
On September 14, 2017, Ashford Hospitality Trust, Inc. (the “Company”) issued a press release announcing that its Board of Directors:
a) declared a common stock dividend for the third quarter ending September 30, 2017, of $0.12 per diluted share, payable October 16, 2017, for shareholders of record as of September 30, 2017;
b) declared a dividend for the third quarter ending September 30, 2017, of $0.5281 per diluted share, for the Company’s 8.45% SeriesD Cumulative Preferred Stock. This dividend is payable October 16, 2017, for shareholders of record as of September 30, 2017;
c) declared a dividend for the third quarter ending September 30, 2017, of $0.4609 per diluted share, for the Company’s 7.375% SeriesF Cumulative Preferred Stock. This dividend is payable October 16, 2017, for shareholders of record as of September 30, 2017;
d) declared a dividend for the third quarter ending September 30, 2017, of $0.4609 per diluted share, for the Company’s 7.375% SeriesG Cumulative Preferred Stock. This dividend is payable October 16, 2017, for shareholders of record as of September 30, 2017; and
e) declared a dividend for the third quarter ending September 30, 2017, of $0.1875 per diluted share, for the Company’s 7.50% SeriesH Cumulative Preferred Stock. This dividend is pro-rated for the number of days the Series H Cumulative Preferred Stock was outstanding during the quarter. This dividend is payable October 16, 2017, for shareholders of record as of September 30, 2017.
A copy of the press release is attached hereto as Exhibit99.1 and is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
Exhibit
Number Exhibit Description
ASHFORD HOSPITALITY TRUST INC ExhibitEX-99.1 2 aht2017q3dividendspr.htm EXHIBIT 99.1 Exhibit EXHIBIT 99.1NEWS RELEASEContact:Deric EubanksJordan JenningsJoseph Calabrese Chief Financial OfficerInvestor RelationsFinancial Relations Board (972) 490-9600(972) 778-9487(212) 827-3772ASHFORD TRUST DECLARES DIVIDENDS FOR THIRD QUARTER OF 2017 DALLAS,…To view the full exhibit click here
About ASHFORD HOSPITALITY TRUST, INC. (NYSE:AHT)
Ashford Hospitality Trust, Inc. (Ashford), together with its subsidiaries, is an externally advised real estate investment trust (REIT). The Company operates through direct hotel investments segment. It is focused on investing in the hospitality industry with a focus on full-service upscale and upper-upscale hotels in the United States. The Company owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership, its operating partnership. Its hotels are operated under the brands of Hilton, Hyatt, Marriott, Starwood and Intercontinental Hotels Group. The Company’s hotels portfolio is asset-managed by Ashford LLC. The Company is focused on direct hotel investments and it may invest in a range of lodging-related assets. Its investments may include direct hotel investments; mezzanine financing through origination or acquisition; first-lien mortgage financing through origination or acquisition, and sale-leaseback transactions.