Ashford Hospitality Trust Declares Third Quarter Dividends
September 14 2006 - 5:41PM
PR Newswire (US)
DALLAS, Sept. 14 /PRNewswire-FirstCall/ -- Ashford Hospitality
Trust, Inc. (NYSE:AHT) today announced the Board of Directors has
declared a regular quarterly cash dividend for its common stock of
$0.20 per diluted common share for the third quarter ending
September 30, 2006. The dividend, which equates to an annualized
dividend of $0.80 per share, is payable on October 16, 2006, to
shareholders of record on September 29, 2006. On an annualized
basis the dividend equates to a 6.5% dividend yield based on the
Company's closing price on September 14, 2006. Separately, the
Board declared a quarterly cash dividend of $0.5344 per diluted
share for the Company's 8.55% Series A Cumulative Preferred Stock
for the third quarter ending September 30, 2006. The dividend,
which equates to an annual rate of $2.1375 per share, is payable on
October 16, 2006, to shareholders of record as of September 29,
2006. Ashford Hospitality Trust is a self-administered real estate
investment trust focused on investing in the hospitality industry
across all segments and at all levels of the capital structure,
including direct hotel investments, first mortgages, mezzanine
loans and sale-leaseback transactions. Additional information can
be found on the Company's web site at http://www.ahtreit.com/.
Contact: David Kimichik Tripp Sullivan Chief Financial Officer
Corporate Communications, Inc. (972) 490-9600 (615) 254-337
DATASOURCE: Ashford Hospitality Trust, Inc. CONTACT: David
Kimichik, Chief Financial Officer, +1-972-490-9600; or Tripp
Sullivan of Corporate Communications, Inc., +1-615-254-3376, both
of Ashford Hospitality Trust, Inc. Web site:
http://www.ahtreit.com/
Copyright
Ashford Hospitality (NYSE:AHT)
Historical Stock Chart
From May 2024 to Jun 2024
Ashford Hospitality (NYSE:AHT)
Historical Stock Chart
From Jun 2023 to Jun 2024